2 Hot Stocks to Buy and Hold Until You Retire
Peter Lynch once famously said that "everybody is a long-term investor until the market goes down." So when the market crashes, plenty of investors panic and hastily abandon their original plans for a holding a stock for decades until they retire. That panic selling often causes investors to miss out on some massive long-term gains, so it's generally a better idea to sit tight through downturns or buy more shares to reduce your average purchase price through dollar-cost averaging.
However, that strategy works only for well-run companies that are built to last for decades. I believe Nvidia (NASDAQ: NVDA) and ASML (NASDAQ: ASML) fit that description -- and that both stocks could be great long-term retirement plays.
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Source Fool.com
