What is the way to find out about companies to invest in for 10 years without selling and checking?

Asked 4 years ago

Hi all, I have about 10 companies that I want to just buy stock in and let sit for 10 years. Not iinterested in selling or looking just want to buy and sit on it. What is the best company or way to go about this? Ps I have my regular retirement accounts at Schwab and Fidelity through my employer but they are not brokerage accounts. Thank you

Long-term investments Investment advice Opinions on companies Buying stocks

Andia Rispah Igobwa

Thursday, June 17, 2021

It’s always good to buy stock and keep your eyes on them at least weekly.
10 stocks are manageable to read and research how the company performs over time and sell when necessary.
However, if you want to do this, you can invest a larger amount into an index fund to ensure you follow the whole market. The market yields 10% pa, and that can be your safest bet in the long term.
If you’re interested in individual stocks, then blue-chip stocks are the best.
Try buying index funds and split the money you invest into 20-50 between different funds VTI and VOO.
Consider focusing on dollar-cost averaging into the market whenever you can. For example, Fidelity offers fractional shares, which is the key to dollar-cost averaging.