PEP - Dividend Bargains: 3 Terrific Dividend Growers I'm Buying
2024-07-16 07:30:00 ET
Summary
- Investing is serious business, where the power of compounding significantly impacts long-term gains. Small adjustments in returns can make a big difference.
- Current market challenges include high S&P 500 valuations, geopolitical risks, and varying sector performances. Yet, there are tremendous opportunities.
- I highlight three stocks with strong dividend growth, wide-moat business models, and robust balance sheets, each offering at least 10% annual returns.
Introduction
I would be lying if I said I didn't like catchy titles.
However, as much as I like catchy titles, I believe backing them up with good information and solid, no-nonsense investment picks is even more important.
After all, investing is a very serious business with very little room for error.
When I say there's little room for error, I mean it's very important to use the power of compounding interest to our advantage, something Warren Buffett called the " e ighth wonder of the world."
To show you just how important it is to optimize investments as much as possible, I made the table and chart below. It shows a $10,000 investment compounded at three different annual rates:
- 10.0%
- 9.0%
- 9.2%