For investors, looking 30 years out can be an intimating task. By then, we will all be in a completely different stage of our investment lifecycle. For most, it will mean a transition from the asset accumulation phase to the distribution phase. Instead of being net savers, most folks will become net spenders. Maybe you’re already a net spender or plan on retiring within 30 years. No matter your personal position, buying and holding a stock for decades means it must be a company you can count on to stick around, gain market share, maintain strong fundamentals, and grow its dividend.