Chapter 6
You Know You're a Buy-Holder If…

Wondering whether the buy-hold philosophy has a hold on you? Take this quiz and find out!


You know you're a buy-holder if:

  1. ___ You think the market will always come back—and it's okay to lose 20–30 percent while you're waiting.
  2. ___ Your spouse told you to sell in 2008, but you ignored your spouse because you knew better.
  3. ___ You bought a diversified portfolio four years ago and have never looked at it since.
  4. ___ Every instinct in your body is telling you to sell and you ignore each and every one.
  5. ___ You still own the first investment you ever made.
  6. ___ You're really good at buying but really lousy at selling.
  7. ___ Losing a quarter of your money in the next bear market is okay with you.
  8. ___ You think that taking money out of your declining portfolio is a recipe for financial security.