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Kiplinger
Kiplinger
Business
Steven Kao, MBA, CAIA

Buy and Hold … or Buy and Hope? It's Time for a Better Retirement Planning Strategy

(Image credit: Getty Images)

For decades, investors have been told that "buy and hold" is the surest path to success. We're encouraged to invest in quality companies, stay the course, and over time, the market will deliver positive results.

That may have worked fine for someone in their 40s or 50s with decades of earnings ahead.

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