Have your investing efforts so far been less than you’d hoped for? Then here’s a next-level idea to embrace: Less can be more. That is to say, simplified stock-picking and longer holding periods often bear more fruit than constantly hunting for what looks like the next hot ticker.
With that as the backdrop, here’s a rundown of three investments you really can’t go wrong with — as long as you’re willing to leave them alone for years and let them do their thing.
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Walt Disney
The Walt Disney Company ( DIS 0.13% ) is an oldie but a goodie: a brand name that’s come to be associated with all types of quality entertainment.
But not everybody necessarily sees Disney’s potential as an investment these days. As it turns out, there’s been a bit of infighting within the company, from top management all the way down to the front-line employee ranks; “the happiest place on earth” may not be the happiest place to work. It would also be naive to believe the company’s growth plans for Disney+ weren’t, in retrospect, a little too aggressive. Its recently announced ad-supported version of the streaming service tacitly suggests subscriber interest is waning well before the 2024 goal of between 230 million and 260 million Disney+ subscribers is met.
That line of thinking, however, is too narrow and too short-term in nature.
See, an investment in Walt Disney is an investment in a brand that’s bigger than any one CEO, any one product, and any one era. That’s not to suggest investors should simply ignore new stumbling blocks that surface from time to time. This is a resilient company, however, with a tradition of success that its employees (at all levels) make a point of maintaining. Any near-term weakness is always a great buying opportunity.
Amazon
It’s another painfully obvious pick. Amazon ( AMZN 0.69% ) is not only one of the world’s most recognized companies but one of the world’s very biggest. The stock is also one of the world’s best-performing, rallying about 1,600% over the course of the past 10 years and still regularly reaching new record highs. Selling virtually everything to as many people as possible, it seems, is a great business model.
The funny thing is, the company has only scratched the surface of the market that will drive the bulk of its future growth.
As big as Amazon’s online marketplace is, e-commerce isn’t a particularly profitable endeavor. Markups on merchandise are modest, and once picking, packing, and shipping costs are added, there’s just …….
Source: https://www.fool.com/investing/2022/03/26/ready-to-get-rich-in-the-stock-market-3-investment/
