MSN Money

10 stocks for long-term investors

Traders and guests on CNBC's 'Fast Money' show offer 'slow money' tips for buy-and-hold investors who aren't glued to the market's daily gyrations.

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VIDEO ON MSN MONEY

5Comments
Feb 19, 2012 2:35PM
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Some simple problem with this article that almost all articles have in common. Most individuals in the stock the stock market lose money (because they do not know or study the companies they have become invested). They listen to their "expert" brokers (which are basically salespersons, not analyst). The typical investor cannot read and understand financial statements. Also, because the so called "experts"  tell them they must "diversify" they have a portfolio large enough to choke a horse. Think about it: multiply the number of the companies you have times 15 minutes (minimum amount of time you should spend a day tracking news about each company). If the amount of time you spend tracking your investment blows off the top of your head drop the number of companies you own.

 

My advise? Do not play the market unless you: know how to read and understand financial statement, avoid going with the crowd, are familiar with the companies and their industry, know how to "channel" (if you do not know the meaning you are already in trouble), and have the time and will power to check on your companies daily (any developing events that impact your investment). These are minimum requirements.

 

 

Feb 19, 2012 6:34PM
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Buy oil stock. Let the good times roll.
Feb 19, 2012 10:34AM
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The writer states that JP Morgan Chase is "widely considered the strongest in the industry". Yet Warren Buffett has been buying massive amounts of Wells Fargo. It is his second largest holding. Wells is also billionaire Prem Watsa's largest holding. Neither of them own Chase. Many of the top bank analysts prefer Wells the Chase. apparently they consider Wells as the strongest in the industry. So do I. It is my largest personal and client holding as well.

Feb 19, 2012 6:26AM
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What would you suggest unameit210?
Feb 19, 2012 5:44AM
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Those big companies are named, but they don't gain anything in the long run at all!  The investment fees will eat up profits in the long run.  Bad advise!!!
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