Day: November 9, 2024

Buy-and-hold investing, at times known as passive investing, is a widely popular investment approach. As per Kavan Choksi, under this approach, people invest in stocks and other securities with the aim of holding onto them for an extended span of time, no matter the changes in the stock market. The day-to-day market movements are ignored by passive investors. They rather allow the investment to perform over the long term. Kavan Choksi marks a few benefits of passive or buy-and-hold investing The goal of passive or buy-and-hold investing is to build wealth gradually. Passive investors do not profit from short-term market fluctuations or market timing. Owning funds that seek to replicate market indices, like the S&P 500, is among the most popular forms of passive investing. The Un...