Buy and Hold in Stock Market Does Not Work or Does It?

I would love to hear what other people think. I feel like I hold stocks for long run, good companies, like once was Washington Mutual (filed bankruptcy), Citibank, Proctor & Gamble, Starbucks, Microsoft to name few. However, I think they have not moved a bit, they are just stuck or are down. On the other hand many fund managers still make money because they don’t buy and hold a stock, they actively trade, using machines. We, average people, get advice to buy and hold and we follow and see that we are not making traction. My 401K is stuck as well. Has anybody else felt the same thing or just that I am a bad investor?

Recently, I changed my strategy. Now I am out of the stock when it goes up 10%, that’s it. I at least cash on 10% upside.

What do you think?

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