Brenda purchases stock and plans to hold on to it for a number of years. She could be considered to be using a

Question

Quizplus · Accepted Answer

The buy-and-hold technique involves purchasing stocks and holding onto them for a long period of time, often years. This approach is typically used by investors who believe in the long-term potential of a company and who are not concerned with short-term fluctuations in the stock market. Brenda's plan to hold onto her stock for a number of years aligns with the buy-and-hold technique.

Brenda Purchases Stock and Plans to Hold on to It