Got $2,500? 2 Top Stocks That You Can Buy and Hold for a Lifetime
Most investors don't hold stocks for very long. The average holding period is less than a year. That's down from five years in the 1970s. This short-term mindset is unfortunate because frequently trading in and out of stocks can eat into investors' long-term returns by locking in losses and increasing taxes.
Holding a high-quality company long term enables investors to capitalize on its ability to compound shareholder value. Johnson Johnson (NYSE: JNJ) and NextEra Energy (NYSE: NEE) have demonstrated their abilities to create lasting value for their investors. They're core long-term holdings, ideally suited for those desiring to make larger investments, like $2,500 or more. They could grow that investment into a much bigger windfall in the decades ahead.
Johnson & Johnson has proven it can stand the test of time. The company has operated for more than a century. It has undergone many changes over the years, driven by its focus on science and innovation. It has become a global leader in innovative medicine and medical technology.
Source Fool.com
