Investing in Your 20s: 3 Stocks to Watch
If you're in your 20s and perhaps just starting out as an investor, you may look at the recent market downturn and economic uncertainty and say, "No thanks, I'll wait." But in fact, now is a great time to invest -- for a couple of reasons.
One, you have a long time horizon, so you can wait out any short-term volatility and benefit from the long-term returns that good stocks deliver. Two, the recent downturn has brought down the price of some great companies that will surely reward you with excellent returns over the long term. Here are three of them.
The last time Berkshire Hathaway's (NYSE: BRK.A) (NYSE: BRK.B) stock had a year this bad, it was 2008, and we all know what happened then -- the market tanked during the Great Recession. But over the 10-year period ending last December, Berkshire Hathaway returned about 13% per year, beating the 11% annual return of the S&P 500 over that time.
Source Fool.com
