The Boom method, often referenced in finance and investment contexts, is also known as the "BOOM" strategy, which stands for: 1. **B**uy: Identifying undervalued assets or opportunities in the market to purchase. 2. **O**wn: Holding onto these investments for the long term, allowing them to appreciate in value. 3. **O**ptimize: Making adjustments or rebalancing the portfolio based on market changes or personal financial goals.
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