3 Unstoppable Investments Everyone Needs in Their Portfolios
Over the past several months, high-growth companies' stocks have taken a pounding. While many of them are solid businesses and their share prices may certainly rebound, 2022's market volatility has shown the importance of holding top-quality investments that can weather any storm and deliver great long-term returns.
With that in mind, here are three investments that I'm confident will be excellent long-term wealth creators -- holdings that will allow you to sleep at night no matter what's happening with inflation, interest rates, or the economy in the short term.
I've said before that if I could only own one stock in my portfolio, I would pick Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) without question. For one thing, it's like a diversified portfolio all in one stock. The conglomerate owns more than 60 subsidiary businesses and a stock portfolio worth well over $300 billion. Most of those investments were selected by Warren Buffett himself, and most are well-positioned to do well in good times and bad. In fact, the broad-based S&P 500 index has had negative total returns in 11 years since Buffett took the reins at Berkshire Hathaway, and his company outperformed the market in all but two of them.
Source Fool.com
