How long should I hold ETFs?
Could you please enlighten me on the appropriate duration for holding Exchange-Traded Funds (ETFs)? I'm quite perplexed about whether it's advisable to hold them for a short-term gain or invest for the long haul. I've heard varying opinions on this matter, and I'm seeking clarity on the most strategic approach. Could you elaborate on the factors that might influence the decision, such as market conditions, individual investment goals, and risk tolerance? Also, would you mind sharing some insights on the potential risks associated with holding ETFs for too long or selling them prematurely? Your expert advice would be greatly appreciated.