What Does Park Mean?

Q: Hi, Michael. Newbie question. If I park my funds into the hedge funds of the trend followers you feature in your books (like David Harding), does that qualify as buy-and-hold investing or trend following?

A: What does park mean?

Q: I buy units and leave it there untouched until retirement.

A: That assumes that some fund will be traded as you want until retirement? If so that is your choice, not mine. I am in the biz of explaining trend following not raising assets for any one manager. Do I like DH? Yes.

You might like my 2017 epic release: Trend Following: How to Make a Fortune in Bull, Bear and Black Swan Markets (Fifth Edition). Revised and extended with twice as much content.