New Investor? 2 Smart Stocks to Buy Right Now
Whether you're a new investor or a seasoned professional, there is only one reason to buy individual growth stocks: You want to beat the market. And that's no small task. Over the last 20 years, the S&P 500 has surged 344%, representing an annualized return of 7.7%. Topping that figure won't be easy, but it is possible.
So what's the secret? A long-term mindset is one of the most important tools at a retail investor's disposal. That means you should look for high-quality stocks you feel comfortable holding for at least five years. It's also important to build a diversified portfolio, meaning you should aim to own at least 25 different stocks.
Here are two ideas to get you started.
Source Fool.com
