Want to Get Richer? 3 Top Stocks to Buy Now and Hold Forever
The legendary investor Peter Lynch once said that "everyone is a long-term investor until the market goes down." That's certainly the case in this market, which is testing the mettle of long-term investors with inflation, rising interest rates, and other macroeconomic and geopolitical shocks.
It's tempting to retreat to the safety of cash, bonds, and cheaper defensive stocks in this challenging market. However, abandoning all of your riskier assets can cause you to miss out on some massive gains down the road.
Instead of blindly panicking, investors should stick with well-run companies that are firmly profitable, generate stable growth, and trade at reasonable valuations. These three tech companies check all three boxes -- and investors can consider buying and holding their shares forever.
Source Fool.com
