Originally Posted by SomeCarGuy

Anyway, the simplest way to explain this to you rookies is Fidelity mentions from time to time that their best performing accounts are those that are forgotten or the owner passes away and never traded.


I am living proof of that. In 1978 my employer (publicly owned utility) gave all the employees some stock under an ESOP (employee stock ownership plan IIRC). The dividends were re-invested in buying more stock. When I retired in 2016 I had never touched any of that stock over the nearly 40 years that the account existed as opposed to some of my co-workers who sold their stock and bought cars, boats, snowmobiles, houses, etc. I ended up with a lot of stock that right now pays about $40k annually in dividends. It's true, sometimes even the blind squirrel finds the nut.


"We live in a time when intelligent people are being silenced so that stupid people won't be offended".