Minor 10% corrections occur every two years and major 20-40% corrections occur only about every 6-8 years. For minor corrections your portfolio is usually higher by year end. For major corrections your portfolio is at new highs in 2-4 years. Minor corrections happen so fast and are so minor, they provide little long term risk to portfolio performance. Major corrections happen so infrequently that waiting for a correction to buy costs you too much in lost opportunity costs.

The greatest strength of a buy and hold strategy is that you are always 100% invested. For the best version of Stars buy and hold strategy the lost opportunity cost of not being 100% invested all the time is 23% per year.

The average portfolio holding period is only 6 months. This means investors are having to constantly pick new stocks and decide when to buy. For every good stock pick two underperforms are picked which destroy portfolio performance and continue to be a drag on performance until they are sold.

The cap weighted ETFs SPY and TQQQ pick better stocks than any human. They hold the best 1.5% of all stocks for long term performance.

The buy and hold strategy of Stars eliminates the need for stock selection and market timing.