If I Could Only Buy and Hold a Single Stock, This Would Be It

One of the golden rules of investing is to never put all your eggs in a single basket. By diversifying your portfolio across a wide range of stocks, bonds, and other assets, you reduce its volatility and help insulate yourself from market downturns. That's why it's sometimes smarter to simply invest in an S&P 500 index fund or exchange-traded fund, instead of individual stocks.But if I could only invest in a single stock, I'd pick one with a market-leading position, a diversified business model, and a wide moat. I'd also pick one that has consistently outperformed the S&P 500. One stock checks all of those boxes: Amazon (NASDAQ: AMZN), the world's largest e-commerce and cloud infrastructure company.Image source: Amazon.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool