A strategy that involves purchasing a diversified set of securities and holding them for a long period of time is known as _____.

Question

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A buy-and-hold approach involves selecting a diversified set of securities and holding onto them for a long period of time, usually years or even decades. This strategy is often used by long-term investors who believe in the long-term potential of the securities they have purchased and do not want to be influenced by short-term market fluctuations. The aim is to generate steady returns over a long period of time, rather than trying to time the market or make quick profits.

A Strategy That Involves Purchasing a Diversified Set of Securities