One of my favorite Warren Buffett quotes is "Our favorite holding period is forever," and I try to apply this wisdom to my own portfolio. There are many good reasons to sell a stock, but I like to go into every investment with the intention of holding on to the stock forever. With that in mind, here are three "forever stocks" that I have no intention to ever sell.
Buffett has said that people should buy stocks because they want to own the business, not because they want the stock to go up. Toronto-Dominion Bank (NYSE:TD), or simply "TD Bank," is a business I want to own. As oil prices have collapsed, energy stocks have plummeted. Times like these are great opportunities to buy the long-term winners at low prices, which is why I recently loaded up on National Oilwell Varco (NYSE:NOV). One of my favorite stocks in the market is and always will be Berkshire Hathaway (NYSE:BRK-A) (NYSE:BRK-B), even though Buffett has warned investors not to expect the performance of the past 50 years to continue.
Source: Motley Fool
Related Articles:
- Dividend Growth Stocks Are My Conviction
- All Investing Involves Risk
- 7 Dividend Stocks With Room To Increase Their Payout
- High-Quality, Low-Risk Dividend Stocks
- 10 Stocks Building Wealth Through Higher Dividends
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
So, stocks are the place to go. But which stocks? While the market is clearly the place to go for strong returns, investors have different p...
-
Strange but true: seniors fear death less than running out of money in retirement. So what's a retiree to do? You could cut your expense...
-
If you're anticipating a long retirement, you'll want to remain invested in stocks to give your money a chance of outpacing inflatio...
-
One way to identify suitable candidates is to look for stocks with an average dividend yield of 3%, and positive average annual dividend gro...
-
When writing this article, I was looking for an ideal list of dividend-paying stocks that consistently raise their dividends each year. In a...
-
If I could teach investors one thing, it would be how to identify and value “Forever Assets.” These businesses constitute the single best wa...
-
Exxon Mobil Corporation (NYSE:XOM) stock is trading at the same level as it was during the beginning of 2019. Even with company-specific pos...
-
A different approach is to focus on the payout. However, it’s important not to simply invest in companies that offer the largest payout. Tha...
-
As a new decade approaches, it's a good time to think about putting a few stocks in your portfolio that can stand the test of time, pote...
-
One of the Best Dividend Stocks of the Past Decade. If you ask most people to name the best dividend stocks, they’ll rattle off a similar li...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.