Personal Finance (8th Edition) (What's New in Finance)
8th Edition
ISBN: 9780134730363
Author: Arthur J. Keown
Publisher: PEARSON
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Chapter 12, Problem 4DC1
Summary Introduction
To explain:
Reasons for considering buy and hold strategy of investment.
Introduction:
Buy and hold strategy is a long term, investment in shares where an investor purchases the stocks and keeps them for a longer duration rather than selling them in a year of purchase.
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