Answer: [C] The RR should suggest that the client use a buy and hold strategy.
Step-by-step explanation:
The options are:
A. The RR should suggest that the client use a combination of tactical and strategic asset allocations.
[B] The RR should suggest that the client try to time the market, taking advantage of gains and losses in individual securities.
[C] The RR should suggest that the client use a buy and hold strategy.
[D] The RR should suggest that the client engage in day trading to take advantage of daily fluctuations in the markets.
The jnvestment strategy that would be best for this client with this information in mind is that the RR should suggest that the client use a buy and hold strategy.
The buy and hold strategy, is a strategy whereby a customer purchases a security and expects it to rise in value. In this case, the transaction cost is a source of concern to the client, and since we are also informed that it's futile to make predictions about the movements in the market
Therefore, the investment strategy that should be used will be buy and hold strategy.