5 Stocks to Hold for the Next 20 Years
From Nasdaq:
Buying and holding stocks for the long term has many advantages. It eliminates trying to time the market and allows compounding that increases returns. As we head into 2024, Realty Income and Etsy are great stocks to consider for long-term investing. Amazon, Apple, and Shopify should also be part of a well-diversified portfolio offering growth and security for decades. Realty Income, a Real Estate Investment Trust (REIT) with a current dividend yield of 4.9%, is a resilient choice. Etsy pays sellers of unique handmade items with 97 million active buyers. Revenue from Amazon in Q3 totaled $11 billion, up 343% from a year ago, signifying a potential comeback. Apple’s revenue from services increased by 10% in 2023. Meanwhile, Shopify’s revenue increased by 25% in Q3 2023..addAction>
Trimmed:
Stocks like Realty Income, Etsy, Amazon, Apple, and Shopify are good long-term investments for 2024. Realty Income offers a 4.9%dividend yield. Etsy connects buyers with unique handmade items. Amazon has seen a 343% increase in Q3, totaling $11 billion. Apple’s service revenue increased by 10% and Shopify’s revenue increased by 25% in Q3.
Read more: 5 Stocks to Hold for the Next 20 Years