Got $1,000? Here Are 2 Stocks to Buy for the Long Term.

There is no better vehicle for creating generational wealth than investing in stocks. They have performed better than gold, bonds, real estate, and even cryptocurrency. While over short periods of time one asset class or another may outperform stocks, the long-term results prove that if you want to accumulate large amounts of wealth, investing in stocks is the way to go.

A Deutsche Bank study showed that over the past 100 years, equities beat out gold by 5.6% per year, housing prices by 6.6%, Treasuries by 6.8%, and oil by 8.4% per year.

Image source: Getty Images.

It’s clear that if investors want the best chance of enjoying a comfortable retirement, investing in stocks — and staying in the market for the long haul — is the way to go. That’s why the nugget of investing wisdom that says “it’s not about timing the market, but your time in the market” is so true.

If you have $1,000 to put to work today, the following pair of winning stocks have the potential to pay off over the years and decades to come.

Alibaba

Chinese e-commerce giant Alibaba (BABA -1.55%) has suffered due to no real problem of its own making, but rather the draconian response of Beijing to the COVID-19 pandemic. During the lockdowns in China, consumers were often prevented by government rules from ordering food and other items to their homes. 

Chinese consumers have come to shop online for many of their daily needs every bit as much as their counterparts in the West, and on Alibaba’s platform they have been readily able to find almost everything they’re looking for. It’s how Alibaba has grown to be the largest e-commerce platform with over 900 million active Chinese consumers.

But it also serves other countries as well, including the U.S., and has branched out into other verticals such as local consumer services, digital media and entertainment, logistics, and perhaps most importantly, cloud services. 

Very much like its U.S. counterpart Amazon, Alibaba has become more than just an online retailer, and it views the…

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