Buy and Hold Will Never Go Out of Style

Most real estate investors swear by this strategy and I thought it was most eloquently written about in this article by Steven Goldberg.

Although he is more into stock investing than real estate, I think the basic strategy is the same. As he puts it in the article in Kiplinger, "bailing out of the market because you or some expert thinks it will fall is folly. What's worse, those who sell are likely to lose out on the big gains the market makes over the long haul. The key to success in long-term investing is time in the market, not timing the market."

So those of you that want to chuck your houses bcause some expert tells you it's doomsday, read the article and look at Sacramento's historical real estate values.