Markets spend a great deal of time declining and then retracing those declines. This can present opportunities for investors willing to take risk.  But cycles also include periods when risk should be minimized and greed should be constrained. Part I: Buy and Hold Can Be Hazardous To Your Wealth One would think that following two major market corrections of over 50% within the last two decades, investors would have a better appreciation for how much time it takes to compound your way...

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