The buyandhold strategy always allows investors to "get rich quick," and usually results in immediate financial return.

Question

The buy­and­hold strategy always allows investors to "get rich quick," and usually results in immediate financial return.

Quizplus · Accepted Answer

The buy-and-hold strategy is a long-term investment strategy and does not guarantee immediate financial return or "getting rich quick." It involves holding onto investments for an extended period of time, typically years or even decades, with the expectation of achieving a steady growth in value over time.

The Buy­and­hold Strategy Always Allows Investors to "Get Rich Quick

The Buyandhold Strategy Always Allows Investors to "Get Rich Quick