Want $1 Million in Retirement? 3 Stocks to Buy Now and Hold for Decades
It's an age-old challenge for investors -- everybody wants to retire a millionaire, but overly aggressive efforts to build a million-dollar portfolio often make reaching that goal less likely. The trick? Buying the right stocks and then simply leaving them alone, allowing time to do the bulk of the heavy lifting.
That's easier said than done. A wide swath of the financial media encourages investors to chase hot stocks rather than buy and hold quality picks. Being passive doesn't always feel right.
As most truly successful long-term investors can attest, however, you're probably not going to out-trade the market. You're better served by just riding the market's long-term bullish tide.
Source Fool.com
