Is ' buy it and forget it ' possible?
If we assume that we will see higher stock prices over the next 5 years, then it is possible to buy stocks now, and, ignore the inevitable dips or corrections.
I do assume that we will see higher prices after 5 years.
This post is in response to rajv malik who wrote: "happy independence day to you and all blogmates !
on this independence day can you suggest a list of five stocks which one can buy at any price and then sleep over them forever."
Well, I am not sure about 'any price' and 'forever'. There is a time to buy a stock and a time to sell it. So, I will rephrase this request and try to identify stocks which we can buy now and hold for a few years.
At least one of them follows (I have positions in it):