To successfully employ the buy and hold strategy,individuals must do which of the following?
A) hold a diversified portfolio of securities and be willing to ride out short-term downturns in the market
B) choose a single sector of the economy and invest in several leading companies in this sector for the long term
C) perform a sophisticated analysis to locate stocks with the greatest long-term potential for growth
D) invest primarily in bonds and preferred stocks that have a very low risk
Correct Answer:
Verified
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