2 Stocks to Buy With $5,000 and Hold for a Decade
It can be tempting to try to predict market movements so you buy low and sell high, but it's notoriously difficult to execute successfully. Even if you succeed once or twice, replicating that often enough to build a profitable portfolio that stands the test of time is next to impossible.
The good news is you don't have to try to time the market to enjoy enviable market returns through the decades.
Taking the time to carefully research the stocks you buy, understanding the ins and outs of their underlying businesses, and ensuring you're only putting cash into quality stocks that you're willing to hold for years can help maintain your investing advantage without compromising returns. It's wise to build a diversified portfolio of 25 or more stocks representing various sectors and industries so you can benefit from a wide range of growth sources during market ups and downs.
Source Fool.com
