3 Stocks You Can Buy and Hold Forever
Forever is a long time, yet longer is better with investing. But don't take my word for it; investing legend Warren Buffett once said, "Our favorite holding period is forever."
An extended time frame is advantageous. In the present, it's hard to know what a stock should be worth precisely -- and some other investor on the other side of your trade bets you're wrong. But if you've picked a business that can compound its value over time, the stock price increases accordingly, and your entry point becomes less relevant the longer you hold.
Forever stocks, however, are few in number. For example, many technology companies are out (in my opinion) since the product upgrade cycle is constant and it's hard to predict which will stay ahead of competitors. I'd also exclude some of the biggest large-cap companies since they're currently facing heightened regulation risks.
Source Fool.com
