Got $500? Here's 1 Great Stock to Buy and Hold
Investing in the stock market involves some risk, whether you like it or not. If you have $500 to invest in the stock market and don't want to worry too much about it losing value, there are probably a few things you should look for.
One, your investment should probably be in a large, stable company that is a market leader in its space. Two, the stock should be available at a relatively low valuation, with a clear path ahead to growth. Three, the company should have multiple revenue streams so that it can weather market ups and downs, should one of its revenue sources face volatility. Finally, the company should have liquidity, with cash available to navigate downturns and invest in its growth.
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Source Fool.com
