The Best Stocks to Hold Forever

Is there anything worse than buying into a stock that was "sure" to go up a few percent and then holding on and watching the price erode for years? It's gut-wrenching. I've done it, too. I used to trade in and out of risky companies and refused to take a loss, hoping the stock would "come back" someday. Someday didn't usually arrive. But I've reformed: Now I buy for the long term and let the businesses work for me. Allow me to explain and then offer you seven stocks that make an airtight core that can create wealth forever. A simple questionAre you really in the market for the long term? Here's a quick test: "I buy on the assumption that they could close the market the next day and not reopen it for five years." Would you agree or disagree? That's the buying strategy of superinvestor Warren Buffett. If you're prepared to buy and hold for five years, only the most well-positioned companies will do.... Read more