As Warren Buffett once said, "Time is your friend. Impulse is your enemy. Take advantage of compound interest and don't be captivated by the siren song of the market." That's some sage advice. Find out why these three high-yield stocks are worth holding for the ultra-long term.
Populating your portfolio with sturdy, income-generating companies, setting the dividends to reinvest, and letting time and the power of compound interest take care of the rest is one of the surest paths to wealth creation. With that in mind, we asked a panel of three Motley Fool investors to profile a top dividend stock that can be held for the ultra-long term. Here's why General Motors (NYSE:GM), IBM (NYSE:IBM), and PepsiCo (NYSE:PEP) made the list.
Source: Motley Fool
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