facebookIs having a buy and hold mentality to stocks a bad idea if you have an average income? - Seedly

Anonymous

13 May 2020

General Investing

Is having a buy and hold mentality to stocks a bad idea if you have an average income?

Since you can only get profits after a long time, assuming dividends are like less than $100 a year.

Discussion (2)

What are your thoughts?

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No, Buy & Hold is a super idea.

Though single stock investing ('stock picking') not.

Better think passive stock indexing via cheap and large ETFs, success will be on Your side (as least probalistically outperformance over stock picking strategy).

all the things to avoid, You could read here:

https://seedly.sg/questions/what-is-your-genera...

Nope. There's capital appreciation as well. After a few years, your capital may increase 20% or more. If you are talking about creating a passive income with dividends, then yes. Its hard if your capital is low.

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