Got $10,000? 10 Stocks to Buy and Hold for 10 Years
The unprecedented coronavirus disease 2019 (COVID-19) pandemic has made this a trying year for Wall Street and investors. Though the broad-market S&P 500 is actually up for the year, it experienced its quickest bear market decline of at least 30% in history during the first quarter. You could rightly say investors have had their resolves tested like never before.
But as investors, we also know that operating earnings growth tends to push equity valuations higher over the long run, and all stock market corrections/crashes are eventually erased by bull market rallies. In other words, it pays to be bullish and buy into innovative and game-changing businesses.
If you want the opportunity to build serious wealth the right way, consider taking $10,000, putting it to work in the following 10 stocks, and hanging onto those investments for the next 10 years (if not longer).
Source Fool.com
