What are investment strategies?Investment strategies are a set of rules/principles that helps you make investment decisions.This simply means the things you should consider before investing in anything.There are multiple investment plans out there that you can follow, but certain things have to be checked; things as access to capital, long-term financial goals, risk tolerance, and investing styleInvestment strategies are quite flexible, in the sense that you can always change them. However, changing from one strategy may come at a cost.That's why this thread would be looking at 4 common investing strategies. Let's roll!!Before you begin to research strategies that'd suit you as an investor, you have to ask yourself a few things concerning your financial situation1 What is your current financial situation2 What is your cost of living and debt portfolio3 How much can you afford to investAlthough you don't always need a large sum of money to start investing, you shouldn't start investing until you've answered the 3 questions above. Make sure you are capable of investing before you start putting money in to avoid losses.Next, set out your goal, as this will help you narrow down a strategy, because different approaches have different levels of liquidity, opportunity, and risk.Thirdly, figure out what your risk tolerance is.Your risk tolerance is determined by two thingsA Age, income, and long you have left to retire.B Your emotions, investing requires emotional strength and stability. Let's say your portfolio is down by 40%. How would you reactFinally learn the basics of investing, study the stock market, and start analyzing the financial statements of top companies.Watch the news about sectors you're interested in investing in.STRATEGY 1VALUE INVESTINGInvestors here are bargain shoppers. They look for stocks that they feel are undervalued, stocks with prices they feel don't reflect the deserved value of the security.Value investing presents an opportunity to get stocks at discounted prices and make money from it.Those who don't have enough research time can make use of the price-earnings ratio P/E to quickly identify undervalued stocks. Value investing is mainly for people who want to hold securities for the long term and this may take years.STRATEGY 2GROWTH INVESTINGThis kind of investing involves evaluating a stock's current situation as well as its potential to grow. Rather than look for low-cost deals, growth investors want investments that offer strong upside potential when it comes to future earnings.A major drawback of growth investing is the lack of dividend payments. Once a company is in growth mode, it needs capital inflow to sustain the expansion and as such, there's not much room for dividends.Growth investing is riskier and only thrives during certain economic conditions.This type of investment is ideal for investors looking for short investing horizons with greater potential than value companies STRATEGY 3MOMENTUM INVESTING.Momentum investors ride the waves or follow trend. This kind of investing involves buying stocks that are experiencing uptrends because they believe looser would continue to short sell and drop. Momentum investing relies heavily on technical analysisThey make use of a data-driven approach to trading and look for patterns at stock prices to guide their buying decisions.Momentum investing relies on data for proper exit and entry and these points continually change. Due to its highly speculative nature, momentum investing is highly risky. It's suitable for investors that have the capital they are okay with losing.STRATEGY 4DOLLAR-COST AVERAGINGThe DCA is the practice of making regular investments in the market over time. It's a means of executing whatever strategy you choose. Example: putting $1000 into an investment account every month.The benefit of DCA is that it avoids the painful and ill-fated strategy of marketing timing.DCA is a wise choice for most investors. It keeps you committed to saving while reducing risk levels and volatility effects.To establish an effective DCA strategy you must have ongoing cash flow and recurring disposable income.DCA can be effectively combined with the first 3 strategies above.The best investment strategy is one that helps you achieve your financial goals.The decision to choose a strategy is more important than the strategy itself.Any of the strategies can bring about significant returns as long as the investor makes a choice and commits to it.