Want to Get Richer? 2 Top Stocks to Buy Now and Hold Forever
For many investors, taking a long-term buy-and-hold strategy for dozens of stocks is the best choice. This strategy has certainly paid off in the past: If you bought $10,000 in Alphabet (NASDAQ: GOOG)(NASDAQ: GOOGL) 10 years ago, you would have almost $52,000 today.
If you can find companies with strong competitive advantages and hold them for decades, you will likely become much richer over the long term. I have two companies that fit this bill: MercadoLibre (NASDAQ: MELI) and The Trade Desk (NASDAQ: TTD). I own both of these companies and plan to never sell them. Here's why.
Image source: Getty Images.
Source Fool.com
