Final answer:
Rod should consider hiring an Investment Advisor for managing the buying and selling of stocks according to his long-term investment strategy. Investment Advisors not only make trades but also provide customized financial advice. For easier diversification, Rod could consider investing in mutual funds which offer a portfolio of various stocks or bonds.
Step-by-step explanation:
Rod is looking for professional financial assistance and needs help handling the actual buying and selling of stocks. Since Rod has a solid grasp of investing and knows in which companies he wishes to invest, the most appropriate financial professional for him would be an Investment Advisor.
An Investment Advisor will manage the buying and selling of stocks on behalf of Rod, adhering to Rod's long-term portfolio strategy, and offers personalized advice catered to his individual financial goals.
One can purchase stocks through various platforms, and diversifying your portfolio is crucial to managing risk. By investing in a mutual fund, an investor can own a share in a diversified portfolio managed by professionals, making it simpler to achieve diversification.
Mutual funds buy a range of stocks or bonds from different companies, which provides the benefit of diversification to individual investors without the complexity of buying each security individually.