Never selling can be a damn good strategy if you start with a diversified bunch of quality stocks. Plus we'd have far less stock fraud if people stopped gambling on promoted hot stocks. I shed a tear when John Bogle, the father of indexing, died last year. Aside from my dad, no one increased my family wealth like Bogle.
And there's this story of an obscure mutual fund (not an index fund) that's done fabulously -- since 1935-- despite never trading its 30 holdings
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