There’s a major misperception of what a buy-and-hold investment strategy is and I’m not exactly sure where it came from. But it has become the source of jokes and seems to be a strategy that many advisors want to avoid at all costs.

I’m sure you’ve heard some of these: “Who wants to buy and hope?” or “In this day and age you have to be nimble, and buy and hold sounds like you’re not doing anything.” 

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