Many investors come to the ASX hoping to find a stock that can be bought once and then ignored for the next 20, 30 or even 40 years. The problem is that such a stock would require a company to remain profitable, competitive, well managed and appropriately valued across multiple decades of economic, technological and social change. In reality, no company can offer that certainty. A stock is not a savings account or a government bond. It is ownership in …

Read MoreWhy set and forget stocks do not exist

The set and forget strategy is not an ideal method for investors to maximise their returns in their share portfolio. It is prudent for investors to keep a watchful eye on their portfolio and make changes when appropriate. We discuss reasons why the set and forget strategy is not an optimal strategy for all types of stocks. Stocks that don’t perform need to be cut The set and forget strategy fails to identify and cull stocks that have not performed …

Read MoreWhy set and forget is not an optimal strategy