Wall Street Journal (November 18)
2010/ 11/ 19 by jd in Global News
Burton G. Malkiel author of the investing classic A Random Walk Down Wall Street says traditional methods of investing are even more important today. Buying and holding beats skillful timing. Diversification is still essential. Those who invested according to these principles between 2000 and 2009 would have seen their portfolios nearly double. Those who didn’t would have seen their initial investment shrink. Mr. Malkiel urges investors to follow “time-tested techniques” so they come out ahead, “even during the toughest of times.”
Tags: Buy & hold, Diversification, Investing, Skillful timing
