Passive investment is an investment strategy that aims to maximize returns by minimizing buying and selling activities. Instead of actively managing a portfolio, investors typically buy and hold a diversified mix of assets, such as stocks or bonds, for the long term. This approach often involves investing in index funds or exchange-traded funds (ETFs) that track specific market indices, like the S&P 500. The primary goal of passive investment is to match market performance rather than outperform it. This strategy generally incurs lower fees and requires less time and effort compared to active management, making it an appealing option for many individual investors seeking steady growth over time.