The ability to compound and grow your wealth is one of the most attractive aspects of investing. With inflation running rampant and interest rates rising to 22-year highs, you need to find a reliable place to park your money to ensure that it not only stays ahead of inflation, but can also increase steadily to provide you with a blissful retirement. Finding stocks with attractive characteristics to own for a lifetime is a great way to start the compounding process.
Some of the attributes you need to look for are businesses with a solid reputation, a long track record of rising profits and dividends, brands and products that are loved by customers, and a long runway for further growth. By including these stocks in your investment portfolio and letting time work its magic, you will slowly but surely enjoy steady capital gains and see your portfolio grow to an impressive size.
Here are three stocks with the above characteristics that you can own for the rest of your life.
Source Fool.com