Buy-and-hold strategy

Definition:

A passive investment strategy with no active buying and selling of assets from the time the portfolio is created until the end of the investment horizon. Opposite of active strategy.

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Tax Equity and Fiscal Responsibility Act of 1983

The law requiring federal income tax withholding on payments of dividend and interest to accounts without a certified tax identification number on file. See: W-9.

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