I've Held Microsoft for 10 Years. Here's Why I'm Not Selling a Single Share.
It's a tech company you don't have to second-guess for the long haul.
Overview
When you're investing, you should always do so with a long-term mindset. People don't always want to hear this, but it's about gradually building wealth over time, not searching for a get-rich-quick scheme. It's easier said than done, but one of the best ways to do it is to hold onto great companies for the long haul.
One of my longest holdings is Microsoft (NASDAQ: MSFT), which I bought just over 10 years ago. It's been a lucrative rollercoaster ride, and despite its underperformance this year, it's a stock I haven't even considered selling.
Details
My reason? It's the tech sector's Swiss Army knife.
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.