When looking to build wealth in the stock market, one of the best things you can do is take a buy-and-hold approach. This contrasts with active investing, where investors look to time the market by buying low and selling high.

Buying and holding is a simple yet effective way to build wealth over time because you are buying great companies and letting your returns compound. Don't just take my word for it. Warren Buffett is a perfect example of how buying and holding for the long run can build colossal wealth.

Image source: The Motley Fool.

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Source Fool.com