One Financial Advisor’s Secrets for Making and Protecting Gains: Danielle Park

The Gold Report: In your book, Juggling Dynamite: An insider’s wisdom about money management, markets, and wealth that lasts, you advise against a buy-and-hold strategy. How can individual investors pick the right time to buy and sell stocks in a volatile market? Danielle Park: When I talk about avoiding buy-and-hold, I mean being aware of this secular bear phase. We are in year 12 of a 15 to 20 year cycle. During secular bears you get recessions every three or four years, during which stocks tend to lose about 45% of their value. It is not a good reward for the risk to hold a stock on such a wild rollercoaster; even if it is paying you some dividends, . . . → Read More: One Financial Advisor’s Secrets for Making and Protecting Gains: Danielle Park