Why I’d buy dirt-cheap shares now and aim to hold them for a decade

A strategy of buying dirt-cheap shares and holding them for the long-run has been relatively successful in the past.

After all, it allows an investor to take advantage of the market cycle by buying undervalued shares in uncertain periods and holding them through long-term recovery.

Of course, such a scenario is by no means guaranteed. Some cheap stocks may fail to bounce back from their present woes.

However, a likely economic recovery and low share prices for some high-quality businesses suggest that now could be a sound moment to buy a diverse range of undervalued stocks.

High-quality companies with dirt-cheap shares

Some dirt-cheap…