2 Stocks I'm Never Selling
When investing, it's not often you find great businesses that you feel confident holding onto for years or even decades. The important attributes I look for include a long growth runway, a strong franchise, and resilience during downturns. The ability to pay out consistent, growing dividends is yet another good reason to hold on to a company as these payouts represent a tangible return on your investment.
These characteristics enable a business to continue compounding over the long term and help you to generate an enormous amount of wealth for your eventual retirement. Growth stocks help to boost the value of your investment portfolio while dividend stocks generate a rising stream of passive income that can cover your expenses once you throw in the towel.
When I find stocks with these desirable traits, my instinct is to hold onto them and never let go. Here are two stocks, one growth- and one dividend-oriented, that I will never consider selling.
Source Fool.com
