PG - 2 Safe Dividend Stocks You Can Hold for Decades
2023-11-18 10:15:00 ET
The surest path toward generating strong returns in the stock market is to hold stocks for many years, if not decades. Time in the market, as the saying goes, is a more powerful strategy than timing the market.
Dividend stocks are ideal long-term investments for several reasons. They tend to be stable businesses that suffer less volatility than high-growth stocks, for one. That stability can help you keep turnover low in your portfolio. Dividend stocks also provide a steady stream of income, buffering your returns through down markets and through cyclical upturns.
With those benefits in mind, let's look at two safe dividend giants that could be a feature in your portfolio well into retirement. Read on for some good reasons to buy shares of McDonald's (NYSE: MCD) and Procter & Gamble (NYSE: PG) with an eye toward holding them for decades.
For further details see:
2 Safe Dividend Stocks You Can Hold for Decades