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Top 3 Stocks to Buy in November and Hold Forever
Once you’ve measured twice, you’ve cut once. The top carpenters have been doing this for a long time. The notion is that if you take additional precautions the first time you do something, you won’t have to do it again.
This notion may be applied to a variety of different domains, including finance. You won’t have to sell your stocks rapidly to acquire new ones if you do your study and buy the proper ones. In an ideal world, you’ll never need to sell.
There’s no better time than now to start incorporating this concept into your investment plan. Here are three equities you should buy in November and hold for the rest of your life.
Amazon (AMZN)
The third-quarter earnings of Amazon.com (NASDAQ: AMZN) fell considerably short of analysts’ expectations. The major concern was higher expenses owing to a manpower shortage and worldwide supply chain disruption. But I believe that what Amazon is doing in response exemplifies why this is a company to buy and hold indefinitely.
“But we see ourselves as the shock absorber absorbing a lot of the expenses so that the consumer is not hurt and merchants are not impacted,” CFO Brian Olsavsky said during Amazon’s Q3 conference call.He said, “Most businesses would postpone shipments or charge additional expenses. That is…