The goal of buy-and-hold investing is to find a mix of attractive investments and purchase them with the intention of holding onto them for an extended period of time.
Any decision about the painting's current export will now be deferred until 7 April 2013, with a possible extension to 7 August if a serious intention to purchase the painting is found.
The Federal Reserve continues to assert its intention to purchase a trillion dollars of Treasury securities and mortgages, adding a trillion dollars to its portfolio and stuffing a trillion dollars of new liquidity into the banking system, until the unemployment rate falls below 6.5% or inflation breaks out.
The council will lease the building for a peppercorn rent to the CIC for up to two years with the intention that the CIC will raise the funds to purchase it outright.