3 Stocks to Buy and Hold for the Next 50 Years

If there's one secret to success in investing, it's this: Think long term. As a case in point, the S&P 500 index historically goes down roughly one out of every four years on average. But it has never delivered a negative annualized return over a rolling 20-year period. 

Of course, some stocks handily outperform the S&P 500 over the long run. The longer you're willing to wait, the more likely you are to enjoy great returns. With that in mind, here are three great stocks to buy and hold for the next 50 years.

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Source Fool.com