In the following video, senior advisor to the Motley Fool's Rule Your Retirement service Robert Brokamp answers the question: "With so many people saying that 'buy and hold' is long dead, is it worthwhile to stick with what has worked for decades?"

Robert Brokamp, CFP, has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.