What is growth and income investing?
Answers: I own PCL and have for a long time. For me, I find it to be a buy and hold forever stock.
PCL is looking to maximize attraction of its land holdings and have a plan to do that for the long term. Although nearby are ups and downs I do not see the need for lumber going away.
I wouldn't consider anything a buy and hold forever stock. What if sometime your company announces that they're having "accounting issues"? The culture who held onto their Enron stock lost everything! I'm just aphorism that you have to hold up with the stocks you own and be prepared to chunk ways with some of them if something truly bleak happens to them. But you vastly well may hold those companies forever, that wouldn't surprise me. How do they fit contained by with your overall asset allocation?
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