3 Stocks You Can Keep Forever
Investing is best approached as a long-term game. However, finding a stock that you can hold indefinitely is tough. Forever is a long time, and a lot can go wrong from year to year, let alone over decades. But I will argue that there are forever stocks out there.
In fact, I can think of three good ones. I'll break them down and show you how their simple but dominant business models make them potential cornerstones for any diversified long-term portfolio. Buy these stocks and kick back while they continue creating returns for years to come.
I'm not sure there is anyone in the world who doesn't know about The Coca-Cola Company (NYSE: KO). From its namesake Coca-Cola soda to more than 200 other brands, the company sells its products virtually everywhere you can purchase a beverage. Coca-Cola's command of retail shelf space is the company's competitive advantage. Coca-Cola brands get top-notch shelf real estate wherever they're sold, which not only protects current products but helps Coca-Cola quickly grow new ones.
Source Fool.com
