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

John Ballard, The Motley Fool
·4-min read
Got $1,000? Here Are 2 Stocks to Buy for the Long Term

The market sell-off in 2022 has been brutal, but the longer you invest, the more you recognize that market corrections are opportunities. If you have more than 10 years until retirement, buying shares of strong companies while their stock prices are down has historically been a smart way to build wealth. If you invest just $500 a month at the historical average annual return of the stock market of 10%, you would have $1.1 million after 30 years.

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