Market Down? Here's 1 Stock to Own for the Long Term
Over the past year or more, the markets have been highly volatile. Some sectors that were hot last year, like technology, have cooled off in 2021, while sectors that were stone cold during the pandemic, like financials, have caught fire this year.
Short-term volatility can be nerve-wracking for investors, which is one of the reasons why an investor's focus should be on a long term. Ideally, you want good companies that are built to weather the ups and downs and produce consistent and relatively safe returns over three to five years or more. One good stock to own for the long run is Goldman Sachs (NYSE: GS).
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Source Fool.com
