Got $5,000? 3 Stocks to Hold for the Next 20 Years.
The world is inherently unpredictable. No one could have thought that a global pandemic would happen and bring the economy to a screeching halt. Moreover, supply chain issues, soaring inflation, and rapidly rising interest rates followed.
This makes trying to invest with a 20-year time horizon seem almost impossible. But there are some clues that investors can identify in specific businesses that warrant owning them for this long. It's all about durability.
Let's take a closer look at why Apple (NASDAQ: AAPL), Nike (NYSE: NKE), and (NASDAQ: SBUX) are three stocks to evenly split a $5,000 investment in, with the intention of holding them for the next 20 years.
Source Fool.com