human
I want to learn some basic investing strategies for beginners.
assistant
There are three basic investing strategies for beginners: 1) Buy and Hold – this means purchasing an asset and holding it for the long term, 2) Dollar Cost Averaging – this is when you invest a set amount of money regularly to help reduce the overall market risk, and 3) Diversification – this is when you spread your investments across different types of assets, such as stocks, bonds, and mutual funds, to reduce your overall investment risk.