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Comment by culi

18 hours ago

this study should be replicated during a bear market

Buy and hold performs well over long time scales by simply not adjusting based upon sentiment.

  • Operating word is long, historically if you entered the market just before a downturn, it could take years up to a couple of decades to make up. Depending on which downturn we are looking at.

    • I think that requires entering once. I was referring to continuing to enter periodically and holding.