Got $5,000? Buy These 2 Stocks and Hold Them Until Retirement
If you invested $5,000 just one time, and averaged an annual return of 10% on that investment, in 50 years, that holding would be worth about $587,000. And 10% is around the historical average annual return of the stock market, as measured by the S&P 500 index. But adding a few promising growth stocks to a diversified portfolio could sweeten those results even more. For example, with a 12% average annual return, that initial $5,000 seed would grow into more than $500,000 in 41 years.
There are a lot of promising companies out there, which can make choosing investments feel overwhelming. Here's why I would be comfortable putting my money into DocuSign (NASDAQ: DOCU) and Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) and leaving it with these two stocks for decades.
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Source Fool.com
