Buy and hold a blue chip like BAC is the only way to hold. Now Bob screams about $50, which it saw for 10 minutes, but fails to acknowledge it was $18 a year earlier. Now, $10 above that previous low, we hold through these cycles because BAC will see $60 in 2 years. Meanwhile, hold, add, and collect the dividends.
BAC is 70% institutional owned, meaning 5.6 billion shares MINIMUM are held and never sold by managers.
But be a fool and believe Bob.
Your mistake to make. $Bank of America(BAC)$
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