3 Evergreen Financial Stocks to Buy With $3,000 and Hold Forever
American Express, SoFi, and Berkshire Hathaway are promising long-term investments.
Three-thousand dollars might not seem like enough cash to get started in the stock market, since many of the top stocks cost hundreds or thousands of dollars per share. But with commission-free platforms and fractional trades, it's never been easier for retail investors to build up a diversified portfolio of evergreen stocks with a modest investment.
If I were just getting started with $3,000 in cash, I'd consider spreading it out across these three evergreen financial stocks: American Express (NYSE: AXP), SoFi Technologies (NASDAQ: SOFI), and Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B). All of these companies have unique strengths, wide moats, and plenty of room to expand over the next few decades.
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