Reading the attached, while not necessarily a sophisticated financial piece, should help to explain why it always makes sense to own shares of great companies for the long run. Obviously, some rebalancing or repositioning of those great businesses from time-to-time is important – however, over time, owning shares of great companies has never been a bad idea…
The key, of course, is to have a solid strategy in place for determining which “great businesses” to buy and which to avoid – that’s where I come in. It’s my passion to seek out these companies and position them in our portfolios so we have the potential to earn a higher rate of return than the rising cost of living. End result: having your money outlive you!
Should you have questions about this, do not hesitate to contact me.
All the best,
Scott