Talk about an inauspicious start to 2016. On the first trading day of the year, the Dow Jones Industrial Average closed 276 points lower after dropping by as much as 467 points.

As I write this, the Dow has continued its slide. And it’s anybody’s guess how bad things might get.

#-ad_banner-#The reason? Well, the initial selloff on Monday was widely attributed to the big sell-off in China overnight. But there are plenty of other causes for concern: low oil prices, the Fed, tensions between Saudi Arabia and Iran…

I’ll continue to monitor national and international developments and their impact on the markets, but bottom line, I don’t see any immediate causes for major concern here.

Why? I’ve said it before, and I’ll say it again: It’s times like these when it’s great to own a “Forever” stock.

The idea of Forever stocks is simple: as an investor, you want to buy great businesses that can be held for months, years, even decades, without worry. Stocks like these are the foundation of my premium newsletter, Top 10 Stocks.

This idea may sound simple, but few investors actually follow it during good times, let alone periods of market volatility.

Take a company like Hershey (NYSE: HSY), for example.

Hershey has been around since 1894. It survived the stock market crash of 1929, the Great Depression, two World Wars, inflation scares, deflation scares, the Great Recession, and many, many other economic crises.

And you know what? It’s still here. And it’s more profitable than ever.

As you can see in the chart above, anyone who owned Hershey over the last 25 years has enjoyed 846% gains.

This is exactly the kind of stock you want to own during times like this.

When you own a Forever stock, you no longer have to worry about the daily machinations of the market.

That’s because Forever stocks — like the ones featured in my premium newsletter — all share the same unique traits that have given them long-term success. They’re great businesses with unique advantages and a tradition of returning value to shareholders year after year.

Whatever 2016 has in store — be it a correction, recession or raging bull market — those qualities will continue to generate wealth for investors in the long-run.

Keep a close eye on the markets and look for opportunities to buy shares of great companies on the dip.

I can practically guarantee you this is exactly what some of the world’s smartest and richest investors are doing.

In fact, they’re already doing it with some of my absolute favorite Forever picks for 2016.

Here’s a quick snapshot of just some of the positions the richest “guru” investors on Wall Street have taken in my Top 10 Stocks for 2016.

These billionaire money managers don’t make this kind of financial commitment lightly. It doesn’t take many bad years — or many bad investments — for their financial empires to come crashing down.

So the fact that they’re willing to take such huge stakes in these companies should tell you something. They smell opportunity.

Bottom line, I see no reason to alter a strategy that has been successful for some of the world’s best investors for centuries. In fact, I’m looking at buying more of some the great firms in my portfolio that have been hit the hardest.

My advice: Ignore the noise in the market and buy stocks you’d feel comfortable owning “forever” — like Hershey. This strategy has stood the test of time, and it’s the surest path to outsized gains you’ll ever come across.

If you’re interested in getting the names and ticker symbols of more of my favorite Forever investments for 2016 (and beyond), I invite you to check out this link.