The average mutual fund holding period for equity or fixed income is only about three years. It's too short.

Hundreds of investors ask me questions each year about the dilemmas they confront. Their worst problem? Uncertainty. They are traumatized and become emotional or confused to the state of inaction. Even worse, they try to solve a short-term problem in a way that hurts them financially in the long run.

Buy into good, well-researched companies and then wait. Let's call it a sit-on-your-hands investment strategy.

Kenneth Fisher Quotes