2 Stocks Under $100 You Can Buy and Hold Forever
The ideal holding period for a stock is forever, or at least that should be a goal. Research shows that investors hamper their returns by trading in and out of stocks rather than holding them for the long term. This is easier said than done, especially for newer investors who may trade more actively due to emotions rather than business performance.
One factor that can reduce the urge to sell a stock is buying great businesses that endure over the long run and have the potential for future growth. Here are two stocks that fit this description and can also be purchased for less than $100.
Realty Income (NYSE: O) calls itself "The Monthly Dividend Company," referring to the regular distribution it makes to its shareholders in the form of a dividend. This is something the company takes seriously and it has raised its dividend every year for the past 25 years.
Source Fool.com
