2 Monster Stocks to Own for 10 Years or More
Whenever the stock market experiences significant volatility, as it has this year, it can be helpful to step back and examine the performance of broader equities over a decade or more. Doing so puts things in perspective. Corrections appear as pretty minor blips on a chart of the S&P 500's long-term performance, which consistently moves upward for those who wait long enough.That's why panic selling is never a good solution to market volatility. Even in challenging times, it's worth it to purchase shares of excellent companies that can perform well over 10 years or more. Amazon (NASDAQ: AMZN) and Coca-Cola (NYSE: KO)are two notable examples.Image source: Getty Images.Continue reading
Whenever the stock market experiences significant volatility, as it has this year, it can be helpful to step back and examine the performance of broader equities over a decade or more. Doing so puts things in perspective. Corrections appear as pretty minor blips on a chart of the S&P 500's long-term performance, which consistently moves upward for those who wait long enough.
That's why panic selling is never a good solution to market volatility. Even in challenging times, it's worth it to purchase shares of excellent companies that can perform well over 10 years or more. Amazon (NASDAQ: AMZN) and Coca-Cola (NYSE: KO)are two notable examples.
Image source: Getty Images.
