Well, here’s my $0.02. I’ve been a long-term buy and hold investor for forty years, and have been reasonably successful. I do almost no “trading.” Right now, I’m looking to sell some equities. In the fall of 2015, I was buying some Big Oil. It’s beginning to pay off now.
I suggest a lot of the good news is already priced into the market - tax cut, good earnings, etc.
Here’s what one of the world’s richest men advised.
“Buy when everyone else is selling and hold until everyone else is buying. That’s not just a catchy slogan. It’s the very essence of successful investing.”
-J. Paul Getty
“Buy low, sell high”
You heard it here first.