4 stocks to buy and hold for a lifetime

Outstanding long-term investing results are best achieved by a long-term focus.

| More on:

You鈥檙e reading a free article with opinions that may differ from The Motley Fool鈥檚 Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

Most investors don鈥檛 simply invest for the fun of it. Rather they invest because they are thinking ahead and planning for a time in the future when they will need cash. That need could come when it鈥檚 time to buy a house, or put the kids through school, or perhaps most of all when they retire and they no longer have the monthly pay cheque rolling in.

Having a long investment horizon is a wonderful thing as unlike stock market participants who are trying to get rich quickly and therefore are forced to focus on near term ups and downs, long-term investors can block out the day-to-day volatility of the market and concentrate on a distant goal.

If you鈥檙e investing for the long-term – perhaps you鈥檙e trying to grow your superannuation portfolio for a comfortable retirement – the types of businesses you want to own are ones that you know will still be profitable and growing a lifetime from now.

Slater & Gordon Limited (ASX: SGH) for example provides essential legal services including litigation both in Australia and the UK. While the company is already one of the largest in its field it still has massive growth opportunities ahead of it, and there鈥檚 no doubt its services will still be in demand in the future.

Telstra Corporation Ltd (ASX: TLS) is another example of a company which is solid as a rock. While the telecommunications landscape will almost certainly look quite different in the future, the market-leading status of Telstra should see the company continue to command a major share of the industry.

Macquarie Group Ltd (ASX: MQG) has a knack of reinventing itself and adjusting its business to suit the economic environment. This is a very handy attribute which should help the investment bank retain its market-leading position for years to come.

Sydney Airport Holdings Ltd (ASX: SYD) is a unique asset that is near impossible to replicate. While Melbourne likes to vie for the title of most popular city, Sydney is a major international draw card and will continue to command a major share of both international as well as domestic travel. While investors do need to consider the effects of a second airport, currently Sydney Airport has the first right of refusal which stands the company in good stead.

Motley Fool contributor Tim McArthur does not own shares in any of the companies mentioned in this article.

More on 鈴革笍 Investing

Close up of baby looking puzzled
Retail Shares

What has happened to the Baby Bunting (ASX:BBN) share price this year?

It's been a volatile year so far for the Aussie nursery retailer. We take a closer look

Read more

woman holds sign saying 'we need change' at climate change protest

3 ASX ETFs that invest in companies fighting climate change

If you want to shift some of your investments into more ethical companies, exchange-traded funds can offer a good option

Read more

a jewellery store attendant stands at a cabinet displaying opulent necklaces and earrings featuring diamonds and precious stones.
鈴革笍 Investing

The Michael Hill (ASX: MHJ) share price poised for growth

Investors will be keeping an eye on the Michael Hill International Limited (ASX: MHJ) share price today. The keen interest…

Read more

ASX shares buy unstoppable asx share price represented by man in superman cape pointing skyward
鈴革笍 Investing

The Atomos (ASX:AMS) share price is up 15% in a week

The Atomos (ASX: AMS) share price has surged 15% this week. Let's look at what's ahead as the company build…

Read more

asx share price competitions represented by businessmen arm wrestling
Retail Shares

How does the Temple & Webster (ASX:TPW) share price stack up against Nick Scali (ASX:NCK)?

How does the Temple & Webster (ASX: TPW) share price stack up against rival furniture retailer Nick Scali Limited (ASX:…

Read more

A medical researcher works on a bichip, indicating share price movement in ASX tech companies
Healthcare Shares

The Aroa (ASX:ARX) share price has surged 60% since its IPO

The Aroa (ASX:ARX) share price has surged 60% since the Polynovo (ASX: PNV) competitor listed on the ASX in July.…

Read more

asx investor daydreaming about US shares
鈴革笍 How to Invest

How to buy US shares from Australia right now

If you have been wondering how to buy US shares from Australia to gain exposure from the highly topical market,…

Read more

person reading news on mobile phone
鈴革笍 Investing

Why Fox (NASDAQ:FOX) might hurt News Corp (ASX:NWS) shareholders

News Corporation (ASX: NWS) might be facing some existential threats from its American cousins over the riots on 6 January

Read more