LLY - Forget Day Trading! Buy and Hold These 2 Stocks
Buying and selling stocks throughout the day may seem like fun until you realize just how easy it is to lose money. And if that's your day job, you can imagine just how stressful it might be not knowing how much you might make in a given week or month. Day trading isn't for everyone, and even though it might appear lucrative now while the markets are strong, a downturn could quickly change that perception.
Investors like Warren Buffett have gotten rich from long-term investing, not by speculating on short-term stock patterns. If you want to avoid the headache and worries that come with obsessing over a stock, two investments that could be great options for your portfolio today are Eli Lilly (NYSE: LLY) and Facebook (NASDAQ: FB) . In the past five years, their share prices have soared by more than 130%, outperforming the S&P 500 and its 91% gains during that time by wide margins. Here's why they are still great buys today.
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Forget Day Trading! Buy and Hold These 2 Stocks