For this milestone, select a portfolio growth strategy that will align with the risk tolerance level of the client. The portfolio strategy may be indicated as buy and hold, which is a fairly straightforward and simple strategy and is also less risky. As a result, returns are typically not as significant. Diversification is essential for this strategy to be effective. Market timing is another potential strategy; this strategy is far more active and is also riskier for the client. These are the most prevalent strategies, but there are others. You may, therefore, select another strategy. Whichever strategy you choose, submit a short paper in which you indicate your selected strategy, the rationale for application, and your expectations of outcomes for the client as a result of this selection.Specifically, the following critical elements must be addressed:
I. Provide a brief overview of your intended portfolio growth strategy by outlining the strategy's advantages and disadvantages.
II. Provide a well-supported rationale for your chosen strategy considering time horizon, liquidity requirements, demographic considerations, and the risk preference of the client.
III. Explain your expected outcomes for the client as a result of the portfolio strategy you selected.
Guidelines for Submission: Your paper should be submitted as a 1-page Microsoft Word document with double spacing, 12-point Times New Roman font, one inch margins, and at least three sources, which should be cited according to APA style.