We talk a lot about “Forever Stocks” here at StreetAuthority. In fact, we practically pound the table talking about why we think they’re one of the single best ways we know of to make serious long-term gains in the market. If you’re not familiar with Forever Stocks, to put it simply, they’re companies with strong business models that you can buy, hold, and basically forget about. You can sleep easily at night owning Forever Stocks. But there’s a reason we talk about Forever Stocks so much. It’s because it’s not just us who think this is the best… Read More
We talk a lot about “Forever Stocks” here at StreetAuthority. In fact, we practically pound the table talking about why we think they’re one of the single best ways we know of to make serious long-term gains in the market. If you’re not familiar with Forever Stocks, to put it simply, they’re companies with strong business models that you can buy, hold, and basically forget about. You can sleep easily at night owning Forever Stocks. But there’s a reason we talk about Forever Stocks so much. It’s because it’s not just us who think this is the best way to invest. Some of the wealthiest people on Wall Street agree. In fact, that’s how many of them made a fortune. Take Warren Buffett for example. He’s famously said, “I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for 10 years.” This is how Buffett made a fortune off of stocks like Johnson & Johnson (NYSE: JNJ), Kraft (NYSE: K) and Wells Fargo (NYSE: WFC) — he bought them and held them… Read More