Jack receives a considerable sum of money by selling his property. He decides to invest this sum in a diversified set of securities. He plans to invest in these securities and retain them for a long time. He is optimistic that eventually the overall market conditions will rise, thus giving him a high return sometime in the future. Jack is using the _____ investment strategy.

Question

Quizplus · Accepted Answer

Jack is using the buy-and-hold investment strategy, which involves purchasing securities and holding them for a long period, anticipating that the market will eventually rise and provide a high return.

Jack Receives a Considerable Sum of Money by Selling His