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Maybe every generation needs to learn the lesson about 'buy & hold'.

My father and my father-in-law both got into the stock market in the last 1960's, early 1970's. Needless to say by the time 1974 rolled around they were both disgusted. One got out of the market for almost 20 year, jumping into the whole real estate rental market.

I like BI because it is backtested to 1973, it has buy & sell strategies. But I've only seen the backtest on DOW stocks; I'm sticking to those and those only.

My personal lesson from 1996-2000: YOU MUST HAVE A SELL STRATEGY.

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