3 Stocks You Can Buy and Hold Forever
The idea of holding on to investments for decades can be intimidating. Predicting the future is famously difficult work, and it's all but certain that some of your forecasts will be incorrect. On the other hand, having an ultra-long-term approach to some of the stocks in your portfolio will drive you to focus on great businesses that are poised to go the distance. And it's a time-tested fact that buy-to-hold investing tends to yield the best results.
World-beating investor and Berkshire Hathaway CEO Warren Buffett has famously said that his company's preferred holding period is "forever," and his investment firm's incredible track record of success evidences the benefits of finding great businesses at reasonable prices and settling in for the long haul. If you're looking for set-it-and-forget-it stocks that are low in risk and high in quality, these three companies should be part of your portfolio.
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Source Fool.com
