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Re: dukeb post# 217971

Tuesday, 12/26/2023 2:18:29 PM

Tuesday, December 26, 2023 2:18:29 PM

Post# of 224852
"been a very long time since I actively traded. I still hold onto shares in companies that I bought decades ago." Why did you stop actively trading?

I have a lot of material on that approach to investing. There was even a mutual fund that put it to the test way back in 1935. Read this old article:

"BOSTON, Feb 27 (Reuters) - Equity investors pursuing a buy-and-hold strategy might want to check out a fund that hasn't made an original stock market bet in 80 years.

The Voya Corporate Leaders Trust Fund, now run by a unit of Voya Financial Inc bought equal amounts of stock in 30 major U.S. corporations in 1935 and hasn't picked a new stock since.

Some of its holdings are unchanged, including DuPont, General Electric, Procter & Gamble and Union Pacific. Others were spun off from or acquired from original components, including Berkshire Hathaway (successor to the Atchison Topeka and Santa Fe Railway); CBS (acquired by Westinghouse Electric and renamed); and Honeywell (which bought Allied Chemical and Dye). Some are just gone, including the Pennsylvania Railroad Co. and American Can. Twenty-one stocks remain in the fund.

The plan is simple, and the results have been good. Light on banks and heavy on industrials and energy, the fund has beaten 98 percent of its peers, known as large value funds, over both the past five and ten years, according to Morningstar."

https://www.yahoo.com/news/buy-hold-fund-prospers-no-220155469.html

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