3 Stocks to Buy and Hold for the Next 50 Years
Warren Buffet famously said "Our favorite holding period is forever," and it's good advice. Periodically reviewing your stocks is wise, but ultimately we're looking for companies whose shares we can buy and hold for the ultra-long term -- even as long as 50 years.
Personally, 50 years pushes me well beyond retirement age. Then again, life expectancy for men in the U.S. increased 13% over the past 50 years, so maybe I should be planning for a longer retirement anyway.
That's not the only thing that has changed over the last 50 years. During this time, personal computers entered nearly every household, the internet connected the world, and we all walk around holding smartphones with capabilities that would've stretched credulity even 15 years ago.
Source Fool.com
