Abstract: Stories abound about people who say they bought a house 30 years ago, and it is now worth many times the purchase price. Staying invested in the housing market has historically been a safe bet. Just like a long-term investor in the housing market, a long-term individual stock market investor expects an upward-trending stock market when viewed decade by decade. The stock market investor remains in a long position, “long the stock market,” until they decide to liquidate the position and realize any gains. In many cases this happens upon their retirement. This form of investing is one type of conservative strategy known as trend following: following the long-term upward trend until the desired profitability is achieved or until holding on to the investment is no longer feasible.
Publication Year: 2016
Publication Date: 2016-10-06
Language: en
Type: book-chapter
Indexed In: ['crossref']
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