Buy and Hold, Then Hold Some More

The old adage “if it ain’t broke, don’t fix it” can apply to many situations, and perhaps the world of investing is among them. A recent article in Investment News discussed the strong performance of the Voya Corporate Leaders Trust (LEXCX), a fund born during the Great Depression. In 1935, its founders bought the 30 largest companies (ruling out financials due to an understandable distrust of the sector). They believed that if a company could… Read More