3 Stocks to Buy and Hold for the Next 50 Years
I own about 45 different stocks in my portfolio, and I bought all of them with the intention of holding them forever. But, like any responsible investor, I occasionally sell stocks for a variety of reasons. Maybe a business' competitive advantages are fading, maybe management is making some troubling decisions, or maybe future growth prospects are drying up.
With that in mind, there are a select few of my stocks that – unless the entire company is acquired -- I'm virtually certain will still be in my portfolio 50 years from now. Here's why Realty Income (NYSE: O), Apple (NASDAQ: AAPL), and Bank of America (NYSE: BAC) are in my portfolio and why I plan to hold each one for decades to come.
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Source Fool.com
