Research indicates that investors who closely monitor their portfolios and trade quickly in response to minor fluctuations in price

A.

earn rates of return similar to those who hold investments for the

longterm

and trade infrequently.

B.

underperform those who hold investments for the

longterm

and trade infrequently.

C.

outperform those who hold investments for the

longterm

and trade infrequently.

D.

be more highly educated and in higher income brackets than those who hold investments for the long term and trade infrequently.