3 Growth Stocks to Buy and Hold for the Next 10 Years
Patience is one of the most valuable traits for investing. Without it, you might invest in, say, Amazon.com (NASDAQ: AMZN) in 2010, when it's trading for around $180 per share, and then sell it for around $400 per share three years later -- more than doubling your money but losing out on a lot, as the stock went on to surpass $3,000 per share.
The trick to making big bucks in the stock market is generally just buying into great companies and hanging on to them for a long time, through ups and downs -- because great companies will recover from dips and go on to reach new highs. You do want to keep up with them, to make sure their prospects remain rosy, but otherwise there's little to do.
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Source Fool.com
