"Passive investing methods seek to avoid the fees and limited performance that may occur with frequent trading. Passive investing’s goal is to build wealth grad

"Passive investing methods seek to avoid the fees and limited performance that may occur with frequent trading. Passive investing’s goal is to build wealth gradually. Also known as a buy-and-hold strategy, passive investing means buying a security with the intention to own it long term. Unlike active traders, passive investors do not seek to profit from short-term price fluctuations or market timing. " https://www.investopedia.com/terms/p/passiveinvesting.asp https://www.investopedia.com/terms/p/passiveinvesting.asp Besides, it doesn't make much sense to call someone an "active" investor who literally did nothing with it for 20 years. He wouldn't have even had to account for it on his taxes, as AMZN hasn't paid any dividends. With the Vanguard index fund, the IRS is going to come looking for their cut every year.