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Old “Buy-and-Hold” Strategy Doesn’t Work 1 comment     Apr 8,
2010 2:43 AM | about stocks: AAPL, NOK, GOOG, GOOG, YHOO, KODK
 Back in the year 1998, I remember my parents telling me to buy
Nortel Networks Stock, hold it for years, and let it keep doing
2-for-1 stock splits until you’re rich. They said the same thing
about Cisco, Intel, and Yahoo. If I listened to them, I’d be in
pretty big trouble. So why exactly does the ole buy-and-hold
strategy fail these days? Well, I think it’s pretty simple
actually. Two things: Technology and Competition.      Today’s
stock market is really a global market. There are many foreign
companies that get list