The advantage of a "buy-and-hold strategy" is that
A)net profits will tend to be higher because there will be fewer brokerage commissions.
B)losses will eventually be eliminated.
C)the longer a stock is held,the higher will be its price.
D)profits are guaranteed.

Question

Quizplus · Accepted Answer

A buy-and-hold strategy reduces the number of transactions, thereby lowering brokerage commissions. This strategy does not guarantee profits, eliminate losses, or ensure that the price of a stock will always increase over time.

The Advantage of a "Buy-And-Hold Strategy" Is That