BIPC - Get Rich Slow With These Phenomenal Dividend Stocks
2024-02-18 05:34:00 ET
A lot of people chase riches. We'll invest our hard-earned money in all sorts of things we think can quickly make us rich. Unfortunately, most get-rich-quick schemes have the opposite outcome of making us poorer.
A better approach is to slowly build your wealth. For example, investing $300 into the stock market each month could grow into $1 million in 35 years (assuming it maintains its historical pace of delivering a 9.4% average annual return as it has over the last 50 years).
You could get rich a little faster by investing in stocks that grow their dividends (they've delivered a 10.2% average annual return over the past 50 years). Three phenomenal dividend stocks for those seeking to slowly build their wealth are Realty Income (NYSE: O) , Brookfield Infrastructure (NYSE: BIPC) (NYSE: BIP) , and Enbridge (NYSE: ENB) .
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Get Rich Slow With These Phenomenal Dividend Stocks