What’s the greatest advantage an individual investor has? Time. You don’t have to be as concerned about day-to-day stock fluctuations or occasional disappointments and setbacks. Buying and holding can make you a lot of money over time — if you pick the right stocks. Stocks that you can buy and hold forever are those of companies with solid business models that are built to last. Here’s why three stocks that fit the bill nicely are :
- Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL),
- Berkshire Hathaway (NYSE:BRK-A) (NYSE:BRK-B), and
- Iron Mountain (NYSE:IRM).