Which stock should I buy and hold for a lifetime?
A true investor never buys a stock merely as an instrument; they buy it as if they are owning the business itself, with full conviction. Based on risk-taking ability, I would recommend three stocks:
State Bank of India (SBI):
I firmly believe that unless World War III occurs, this stock will not face bankruptcy.
Life Insurance Corporation of India (LIC):
This is a boring stock 😑😑, but it holds tremendous potential for growth. While it may be losing its absolute monopoly in the market, it remains the top player in the insurance industry.
Meta (formerly Facebook):
I have more confidence in this stock than in myself 😅. Meta has already demonstrated its influence, even on U.S. politics. It is poised to become the next Apple—or possibly even more.
However, instead of solely investing in stocks, I would recommend investing in gold. Gold acts as a “nuclear bunker” for wealth. If everything in the world were to be destroyed, then trade wouldn’t happen with currency but with gold.
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