3 Stocks to Build Your Portfolio Around

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If you're just starting to build a portfolio of stocks, congratulations! Stocks are a tool used by many people to build long-term wealth. As you get started, it's important to have a plan to be diversified, since even the best stock pickers get it wrong sometimes. In recognition of our fallibility, diversification across a basket of stocks is a good way to reduce risk.

As you get started, it's important to pick a few stocks that are extremely low risk. A big loss early on can discourage investors from continuing to build out a new portfolio. If you're looking for some stocks to build your portfolio around, here are three ideas to consider today. These aren't necessarily the best ideas for beating the market, but I feel confident these companies won't stick their shareholders with losses over the long haul.

Source Fool.com