3 Stocks to Hold for the Next 20 Years
In the world of investing, 20 years might as well be an eternity. Some companies don't even last that long, while others are disrupted and begin to fade during a much shorter time frame.
The concept of buying a stock with the intention of holding for 7,300 days may seem like a fool's errand, yet it's well established that the surest way to make money in the stock market is to buy quality companies that can stand the test of time and hold them through thick and thin.
While there are certainly no guarantees, there are a number of ways investors can increase the likelihood that they will succeed over the course of decades. Buying a company that boasts a vast array of intellectual property, a business that has proved it can change with the times, or a company that can successfully expand beyond a single blockbuster product might hold the key to decades-long investing success.
Source Fool.com
