Contrary to a common assumption, making big investment gains doesn’t necessarily require constant monitoring of your portfolio or taking on extreme risks. Scaling back your risk and dialing back your trading activity, in fact, could actually improve your overall performance. The key is simply finding the right buy-and-hold stocks and actually holding on to them long enough to let time do most of the work.
Here’s a rundown of three stocks that not only offer above-average wealth-building potential, but are easy to own without frequent check-ins on how they’re doing or the rhetoric surrounding them.
This post originally appeared at The Motely Fool.