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By Elizabeth Razzi
Special to The Washington Post
Sunday, April 12, 2009
Do the old rules of investing still apply?
"Buy and hold" has proved a good method for cutting your wealth in half. Regularly rebalancing a portfolio has sent money straight to sectors, such as financial-company stocks, that plunged steeply. And, though it's said that no one can successfully time the market, those who cashed out early now look like sages.
While it's anybody's guess when the post-crisis era will begin, financial planners offer some investing principles that reflect some of the lessons investors have learned the hard way.