Buy and Never Sell, Stand Firm Like a Mountain
Do not fear volatility, declines, or bubbles. Buy the right indexes or funds, hold forever, and do not trade.
CLEC Investment Club Written date: May 14, 2019
Do not fear volatility when investing. Do not fear market declines. Do not worry about bubbles.
All worry, market analysis, feelings, and trading are a waste of time, effort, and usefulness.
Because over the past hundred years, volatility, corrections, and bubbles have continued nonstop, but the market has kept rising over the long term.
The key is to buy correctly: buy indexes SPY, QQQ, and the Franklin High Tech Fund, and never sell. That is enough.
So do not be influenced by the market, by analysts, or by me.
Buffett said: "There is only one truth in investing: buy indexes, hold for the long term, and do not trade. Also, do not listen to my other remarks."
Look at the seventy-year SPY chart below. You should feel very reassured: buy, hold, do not trade, and you will become wealthy.
More Posts
![[In the United States, when transferring assets and stocks between accounts at different brokers, the 'cost' information (cost base) will be transferred simultaneously.]](/_next/image?url=%2Fimages%2Fblog%2Ffb-posts%2Fen%2Ffb-post-0142-cover.png&w=3840&q=75 "[In the United States, when transferring assets and stocks between accounts at different brokers, the 'cost' information (cost base) will be transferred simultaneously.]")
[In the United States, when transferring assets and stocks between accounts at different brokers, the 'cost' information (cost base) will be transferred simultaneously.]
[In the United States, when transferring assets and stocks between different brokerage accounts, the 'cost' information (cost base) will be transferred simultaneously.] Casual Investment Chat CLEC Investment and Financial Education Academy Blog Post Date: May 26, 2021 Good morning, teacher! Reporting to you, senior! I just finished listening to your Clubhouse, and I noticed that some of the 'research' shares by that Silicon Valley investor at the end were not entirely accurate, so I wanted to share my own actual experience with you here. Currently, I
Student Comment: Why Do We Not Avoid Bubble Risk? Will Inflation Make Our Retirement Money Insufficient?
The reply argues that repeated attempts to avoid bubbles can cost more than buying and holding through a bear market.
Marriage Is Not About Finding a Perfect Person; It Is About Bravely Entering an Adventure
Episode thirteen of CLEC James Talks: a student in her twenties asks what love and marriage really are. James answers that life is an adventure by nature and nothing can guarantee its outcome before it begins; the right person is not someone without flaws, but the one you are still willing to live with after you understand their limits.
Newsletter
Join the community
Subscribe to our newsletter for the latest news and updates