The stock market may have its ups and downs, but historical data has shown time and again that the smartest move for investors is to buy high-quality stocks and hold them for long periods of time. Doing so allows investors to take advantage of compound growth, especially if they hold stocks that pay dividends that can be reinvested into more shares.
Unfortunately, finding high-quality stocks isn’t as easy as throwing a dart at the business section of your local newspaper and buying whatever it lands on. It requires diligence on the part of investors to seek out great companies.
