Powered by Financial Investment NewsThe Case For Trend Following
There was a time when investors could place their faith in the fact that stocks generally tended to rise. To capture the returns available in the stock market, one could simply buy and hold a mutual fund or index fund to realize the goal of long term capital appreciation. The approach worked for so long that pension funds, endowments and millions of Americans are still holding on, even as gains from the previous twelve years evaporate in a relative instant.