It's surprising how easy it can be to build up a robust investment portfolio for your retirement. All you need to do is hunt for companies you feel comfortable owning over the long term. Such businesses should possess a strong franchise or brand, be staffed by capable and competent management and be blessed with tailwinds that allow them to sustain revenue and profit growth over decades.

Of course, patience is the key to enjoying the magic of compounding. Once you have identified and purchased these stocks, all that's needed for them to grow your wealth is time. As you go along, you can choose to add more of these dependable stocks while also reinvesting any excess cash or dividends into the very same names.

Here are three stocks you can safely tuck away in your investment portfolio for the rest of your life.

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Source Fool.com