Got $500? 2 Stocks to Buy and Hold for At Least 5 Years
The stock market can be an incredible way to build and sustain wealth, but it takes time, patience, and consistency to achieve rewarding returns that bear up through various market cycles. While larger investments may help grow your portfolio faster, you don't need lots of money to start building positions in the companies that interest you most.
If you have $500 to put into the stock market right now -- this should be money you won't soon need, not money better put toward bills or covering other financial obligations -- here are two fantastic stocks to consider for a long-term, buy-and-hold investment.
Shares of Airbnb (NASDAQ: ABNB) are still trading down by more than 30% since its IPO. This is despite its robust third-quarter earnings report, which beat on both the top and bottom lines even as macroeconomic and geopolitical headwinds affected the already beleaguered travel industry.
Source Fool.com
