LVGO - $3000 Invested in These 3 Top Stocks Could Make You Rich in 10 Years
While the major indexes are still mixed, the stock market is well on its way to shaking off the unrivaled decline that happened between February and March. After shedding about one-third of their value, the Dow Jones Industrial Average and the S&P 500 are sitting a little below breakeven for the year, down 9% and 3%, respectively. At the same time, the tech-heavy NASDAQ is up an impressive 15% year to date.
Many investors have largely moved beyond the bargain-hunting that was so widespread just a few months ago and are now looking for other measures that might signal long-term success. A great place to start is finding businesses that have a market-leading position or strong tailwinds that can fuel ongoing growth.
If you have $3,000 (or less) in disposable cash that you don't need for immediate expenses or to beef up your emergency fund, putting it to work in these three top stocks could provide a windfall in the coming decade.