Investors Who Employ the "Buy­and­hold" Investment Approach

Investors who employ the "buy­and­hold" investment approach:

A) make quick gains by buying low and selling high over a relatively short time horizon.
B) choose a single sector of the economy and invest in several leading companies in that sector for a long term.
C) invest primarily in bonds and preferred stocks that have very low risk.
D) hold a diversified portfolio of securities and are willing to ride out short­term downturns in the market.