This week, we asked the Invstr Community how long they held their investments. The winner was the long-term investors, with 31 percent of Invstrs saying that they hold their investments for longer than one year. Long-term investing is what most adults do as they simply don’t have the time to be heavily active in the market, constantly trading. Along with this, long-term investing provides stability to your money and provides you with tax benefits compared to short-term trading. With minor risk, this makes complete sense for a first-place finish. In second place is a tie, with 25 percent of Invstrs saying that they hold their investments for more than a month and another 25 percent holding for less than a week. Investing monthly is well known in today’s world as swing trading, where technical and fundamental analysis are both used. People find this to be the middle ground between short-term and long-term, making this a reasonable choice for 2nd place.
The same can be said for the other option, which is holding for less than a week. This type of trading, which mostly consists of day trading, has increased in popularity during the pandemic, as many retail traders had a lot of time on the stock market. Its popularity is explained by the considerable risk, high reward side of it, but it might not be the smartest option out of these 4. Off the podium, we have the 19 percent of Invstrs who hold their investments for 1 to 2 weeks. This also classifies as swing trading, but it lacks the fundamental aspect that the monthly option has. Users who find day trading to be too excessive often use this style of investing, jumping on and off trends in the market. The reliance on technical analysis and its unpredictability makes this a smart 4th place option. It’s interesting to see how split this poll is compared to others, with no clear majority, which shows the diversity of our strategies!
Don’t be afraid to try other investment strategies in Fantasy Finance! Have fun and see you next time with more poll results!
The Invstr Team 🙂