investing strategy
What is Coffee Can Investing Strategy?
Coffee Can Investing simply means a ‘buy and forget’ strategy. In the short-term stock market is uncertain and volatile but as the time frame in the stock market increases, it becomes less volatile and easier to predict. This is the feature of the stock market which Coffee Can Investing strategy takes leverage of and invests in the stock market for the long-term.
How Coffee can Investing Strategy Emerged?
Most people don’t analyze much before buying a share and keep tracking the performance of the shares on a daily basis which long-term shareholders should not do. The term Coffee Can Investing was coined by a fund manager named Robert Kirby in 1984 when one of his client’s husband bought shares worth $5,000 on his recommendation but forgot to sell them.
Know in detail: Coffee Can Investing Strategy
