Here's one of my favorite pieces of investing wisdom: It's time in the market, not timing the market, that matters. So if you're looking to build wealth, don't waste your time day trading. Only 3% of day traders actually make money, and less than 1% make more than minimum wage, according to a recent study. Instead, aim to buy and hold high-quality stocks over long periods.
Building on that idea, Riskified (NYSE: RSKD) and SoFi Technologies (NASDAQ: SOFI) look like good candidates for your hard-earned dollars. These companies should benefit as trends like e-commerce and digital finance become more popular, and both stocks have significant upside potential.
Here's why.
For further details see:
Want to Get Richer? Buy These Top Stocks and Wait 10 Years