3 Stocks You Can Buy and Hold Forever
The COVID-19 pandemic is showing investors just how volatile the markets can be, often without any warning. That makes it all the more important for investors to hold safe investments in their portfolios that they can hang onto forever, and not worry about what happens to the markets in the short term.
By holding onto stocks for years and resisting the urge to sell, investors are able to take advantage of compounding returns from holding good businesses in their portfolio. Dividend income and capital gains can lead to long-term wealth that can help make you rich. Below are three established, strong businesses that you can safely buy and forget about today.
GlaxoSmithKline (NYSE: GSK) is a top drug manufacturer that provides patients with critical medications. From HIV to oncology to respiratory and other drugs, GlaxoSmithKline's products serve patients with a variety of healthcare needs. And what makes the healthcare stock an even better buy is that it's diversified beyond pharmaceutical products.
Source Fool.com
