Lydia Sells Her Ancestral Property for a Handsome Amount of Money

Multiple Choice

Lydia sells her ancestral property for a handsome amount of money. She invests this money in various securities. She decides not to trade the securities for a while and lets her money increase with the growth of the overall market. However, after almost eight years, when she feels that the value of the securities has risen considerably, Lydia sells her stocks and receives high returns on her investment. In this scenario, Lydia has used the _____ investment strategy.

A) market timing
B) investing for growth
C) value investing
D) buy-and-hold