Have you ever heard the idea of a 'Coffee Can Stock'? The idea is that you buy shares of the stock today and then throw them in the proverbial coffee can — i.e. you buy the shares, store them away, and forget about them until some time in the far-distant future.
If you bought equal amounts of a fairly large group of stocks today, invariably some individual picks would become incredibly successful and start to dwarf the others in value — at that point, most investment advisors would through a fit and demand that you diversify your portfolio by selling down your shares in those superstars.
But suppose you didn't adjust your positions over the years? Suppose you actually left the coffee can alone, untouched, for a long long time... say, twenty years? Here are 5 stocks that you could have bought in 1999 which would have been perfect to leave in that coffee can!
Continue to slide 1 »