Since hitting a record high during the first week of January, the broad-based S&P 500 has gone on to lose as much as 24% of its value and delivered its worst first-half performance in 52 years. The growth stock-focused Nasdaq Composite has performed even worse, with a peak-to-trough decline of 34% since mid-November. This is something Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett knows all too well. Read More...
Motley Fool
Got $5,000? 3 Tech Stocks to Buy and Hold for the Long Term
If you’d invested $5,000 in an S&P 500 index fund 10 years ago, your investment would be worth around $12,500 today. For example, a $5,000 investment in Amazon (NASDAQ: AMZN) would have grown over the past decade to around $44,000, while the same investment in Google (whose parent company is now called Alphabet) would be worth nearly $27,000 today. Not every stock will be the next Amazon or Alphabet, but some lucrative long-term buying opportunities have emerged in the growing cloud, semiconductor, and ad-tech markets as the grueling bear market drags on.
