Got $10,000? 3 Surefire Winners to Hold for 20 Years
Investing in 2020 has been quite the experience. The uncertainty surrounding the coronavirus disease 2019 (COVID-19) pandemic led to unprecedented levels of volatility that chopped 34% off of the broad-based S&P 500 in under five weeks. For some context, when the S&P 500 has lost at least 30% of its value, it's historically taken about 11 months. The pandemic made that happen in roughly one month.
If investors have learned anything over the years, it's the value of picking up high-quality companies on the cheap. Buying innovative companies during pullbacks and allowing your investment thesis to play out over the long term can yield game-changing gains and a comfortable retirement.
If you have $10,000 that you won't need for bills or emergencies, consider buying these three surefire winners and hanging onto them for at least the next 20 years.
Source Fool.com
