Stocks

This Is the One Stock I Would Own Forever

By Tim Melvin, Contributing Writer, Money Morning • Tuesday, May 22, 2018

Every now and then, I'm asked a common – yet somewhat annoying – question by friends and fellow market experts alike…

If I could only own one stock for the rest of my life, which one would it be?

It can be an irritating question, because even though the askers often have good intentions, they unwittingly expect a stupid answer.

They expect me to say Amazon.com Inc. (Nasdaq: AMZN), Alphabet Inc. (Nasdaq: GOOGL), or any other popular tech giant trading at multiples so high that owning the stock probably gives you vertigo…

…or a biotech company that could "change the world," even though the odds of successfully betting on a biotech firm hitting that jackpot are extremely small…

…or a driverless car company, or a drone manufacturer, or some other firm making a device that everyone expects to be ubiquitous in a few years…

Which of these super sexy and exciting stocks would I buy now and hold forever?

None of them - here's what I'd recommend instead...

Not Even This One-Two Punch Can Knock Out Our Top Military Tech Play

I've flown all over the world in all kinds of jetliners, and usually I tune out the safety presentation. But on a recent Southwest Airlines flight, I listened carefully as the flight attendant described the plane's safety features. And I noticed a lot of other passengers doing the same thing. Just two days before, a woman died on a Dallas-bound Southwest flight after an engine failed and she was nearly sucked out of the cabin. At a time like this, many investors might shy away from Boeing, which made the ill-fated 737 aircraft in question.

But today, I'm going to show you why that would be a big mistake...

Bitcoin

Blockchain Will Revolutionize How We Mine Gold and Precious Metals

Consensus 2018 in New York, the premier gathering for the who's who in blockchain, Bitcoin, and cryptocurrencies, had the flair of the world's greatest carnival. But it wasn't all fun and games. There were serious discussions on how governments might one day use cryptocurrencies, the future of Bitcoin mining, and blockchain applications in finance, healthcare, insurance, and more. I would also include the mining industry on that list. Blockchain could revolutionize how gold and precious metals are manufactured and delivered.

Here’s how - and what it means for investors...