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Businessman use electronic pen writing rising colorful graph from 2023 to 2024 year of business planing and stock investment growth concept.

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This figure includes individual stocks, mutual funds and retirement savings accounts.

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But not allinvestmentsare created equal.

Nvidia

Apaza said, Nvidias market valuation has been incredibly growing with its AI technology and chips.

He referenced how remarkable it was for a company this size to experience 239% growth in 2023.

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Its a diversified conglomerate of wholly-owned companies andpublicly traded securities.

Buffett has praised Greg Abel, who he believes understands capital allocation as well as he does.

Even though there are some concerns about the future when Buffett passes, Johnson isnt worried.

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Its truly a set-it-and-forget-it stock.

Heres what to think about as you look for stocks to hold on to for the long haul.

Its a bit like trying to consistently flip a coin and get heads possible, but highly improbable.

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Lovison concluded, Proper asset allocationbased on your individual risk tolerance and time horizon is still critical.

Dont mistake simplicity for a free pass on prudent investing.

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