Passive investing

Passive investing is an investment strategy that focuses on maximizing returns by buying and holding securities, such as stocks, bonds, commodities, etc., for long periods. This buy-and-hold strategy reduces the transaction and brokerage costs brought about by frequently buying and selling. 

Investors following the passive investing strategy usually buy and hold broad, market-cap-weighted index funds such as the S&P 500 or the Total World Stock Index Fund ($VTWAX).