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Got $500? 2 Monster Artificial Intelligence (AI) Stocks to Buy Right Now
ORCLOracle(ORCL) The Motley Fool·2024-09-27 21:00

Investing 500inthesecompaniesandholdingthemforthelongruncouldturnouttobeasmartmove.Buyingandholdingtopstocksforalong,longtimeisoneofthebestwaystomakemoneyinthestockmarket,becausethisstrategyallowsinvestorstocapitalizeonseculargrowthtrendsandalsohelpsthembenefitfromthepowerofcompounding.Forinstance,a500 in these companies and holding them for the long run could turn out to be a smart move.Buying and holding top stocks for a long, long time is one of the best ways to make money in the stock market, because this strategy allows investors to capitalize on secular growth trends and also helps them benefit from the power of compounding.For instance, a 500 investment made in the Nasdaq-100 Technology Sector index a decade ago is now worth $2,300, translating into annual growth of 16% during this ...