My Forever Portfolio: 3 Undervalued Stocks to Buy Now and Hold Forever
Looking for undervalued stocks with long-term potential? Netflix, IBM, and Duolingo all fit the bill right now.
Overview
Diversification is a key concept of Foolish investing. These days, The Fool suggests holding at least 50 different stocks across various sectors, or achieving a similar effect through index funds.
I'm taking a hybrid approach. As of Aug. 25, my portfolio holds 56 stocks, cryptocurrencies, and exchange-traded funds (ETFs).
Details
The holdings aren't equal, though. Some are smaller, tentative bets. One fund is simply a higher-yielding alternative to holding cash in my brokerage account. Most are strong convictions with long ownership histories, but I hesitate to buy more in this market.
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.