Rob's investment strategy is to purchase a diversified set of securities and retain them for a long period of time. He is not concerned with detailed analysis of individual stocks, because he does not intend to sell any time soon. Rob's approach is consistent with the buyandhold approach to investing.

Question

Rob's investment strategy is to purchase a diversified set of securities and retain them for a long period of time. He is not concerned with detailed analysis of individual stocks, because he does not intend to sell any time soon. Rob's approach is consistent with the buy­and­hold approach to investing.

Quizplus · Accepted Answer

The buy-and-hold approach involves purchasing a diversified set of securities and retaining them for a long period of time, without being overly concerned with short-term market movements or detailed analysis of individual stocks. Rob's investment strategy is consistent with this approach.

Rob's Investment Strategy Is to Purchase a Diversified Set of Securities