With these stocks, time is on your side…
This story was originally published here.
Buying and holding long-term stocks is an investment strategy that runs counter to investing in 2020. No commission trades and an app like Robinhood allow traders to buy or sell shares in the time it takes to order from DoorDash. In the case of Robinhood, they can even buy fractions of shares.
The popularity of rapid fire trading is not really surprising. Gambling has become a big part of our culture. Casinos (at least before the novel coronavirus pandemic) are a mainstream form of entertainment. DraftKings (NASDAQ:DKNG) has climbed into bed with ESPN in a significant way.
And there’s nothing wrong with setting aside a portion of your portfolio to take some risks if you can. But frequent trading, like gambling, can be hazardous when it comes to meeting your long-term goals. This is especially true during times of market volatility like we’re seeing in 2020.
By contrast, history shows that buying quality stocks and holding them for a long time is the key to investing success. This doesn’t mean that long-term stocks will always go up. Every stock has its ups and downs.
The key word is quality. Quality stocks have a track record that gives you confidence that the stock will trend up over the long term. Is it boring? It can be. However, there’s something to be said for stocks that have been there and done that. Although past performance doesn’t guarantee future results, it’s a pretty good indicator that the company is not resting on past laurels.
Here are six long-term stocks to see you through the bad times…
Editor's Note: Click here to keep reading.
This is required by law to pay out when you request it
Hi, John Jagerson here.
I’m a senior analyst here at InvestorPlace.
If you haven’t yet seen this…
For a short time, I’m sharing the details on a little-known strategy that allows you receive instant cash upfront — anywhere from $240 to $2,475 per trade — every single time you make a simple transaction in a brokerage account.
Just take a look at some of the recent upfront cash payouts you could have received…
All in a few minutes or less — and all without buying a single share upfront:
| CVS Health Walt Disney Adobe Costco Cisco Systems Dollar General Caterpillar Bank of America Cintas Corporation Boston Scientific CME Group Applied Materials Crocs Duke Energy Activision Blizzard |
$480 $600 $1,655 $1,480 $620 $750 $1,290 $240 $1,375 $525 $2,475 $625 $385 $1,150 $825 |
Of course, all investments carry risk, and past performance never indicates future returns…
But as you’ll see, learning this simple strategy actually LOWERS your risk…
Even better:
It allows you to make steady income at the same time — every weekday for a few minutes a day if you want to… and no matter what the market is doing.
Just go here for the full story.
Sincerely,
John Jagerson
Senior Analyst, InvestorPlace
P.S. After you’ve watched the short video (just 9 minutes, 12 seconds), if you’re interested in learning how this “instant income” strategy works, you can try it out for just $7.
Why so cheap? Well, you have the potential to make thousands of dollars per month in income you are currently missing out on… and I think everyone should have the chance to try this strategy themselves, without risking a lot of money upfront. Keep in mind: This huge discount will probably not be available for long. So go here now to get the details.
