I've have always been a fan of holding equity securities long-term. Now, long-term can mean different things to different people. I’m talking about five to ten years or more. The critical component of that perspective is buying quality companies at reasonable prices (think discount or sale).
First, I’m an equity guy and a fundamentalist. While I wouldn’t recommend starting as equity investor at the market’s current level, my tilt has been toward equities for more than 20 years. Bonds to me is like “kissing my sister”, but to invest mostly equities requires a certain resilience towa