The Traderszone Network

Though Paramou

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The marijuana industry has been growing like wildfire in recent years, which is a testament to the rapid changes we’ve witnessed in public opinion toward the drug, as well as the willingness of state governments to seek tax and licensing revenue through the legalization process.

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America’s wealthiest individuals are thriving thanks to an imbalance in wealth accumulation that favors the already asset-rich. But even though the number of millionaires and billionaires living in the US has been climbing, and is on track to increase by nearly 700,000 a year between now and 2021 – so long as the market avoids another crash – an influx of new potential buyers has done little to alleviate a supply glut that has been weighing on used jet prices for years.

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There are a lot of good reasons for Harley-Davidson (NYSE: HOG) to open up an assembly plant in Thailand, and few, mostly jingoistic, ones against it, but the irony is that the quintessential American motorcycle maker is going abroad because it is being punished by the same sort of trade rules it once championed.

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There were already several concerns surrounding Blue Apron (NYSE: APRN) after it filed its S-1 with the SEC in preparation for an initial public offering. Amazon (NASDAQ: AMZN) just added one more, after agreeing to purchase Whole Foods Market (NASDAQ: WFM) for $13.7 billion.

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I’m a firm believer that the best way to become wealthy is to buy great companies and hold them tenaciously. For that reason, when I think I’ve found a great business, I mentally add it to my “never sell” list.

So what are some stocks that I plan on keeping forever? Here’s why I consider Verisk Analytics (NASDAQ: VRSK), MarketAxess Holdings (NASDAQ: MKTX), and Mastercard (NYSE: MA) to be core holdings in my portfolio.

Image source: Getty Images.

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I stumbled upon a gem.
https://www.etfchannel.com/
Lots of market insights (all in one place) can be divined here. ETF’s or not.