Want $1 Million in Retirement? Invest $300,000 in These 3 Stocks and Wait a Decade
Many people have the goal of becoming a millionaire before they retire. Not only is it a fun achievement, but it's also close to what many people need to maintain their lifestyle in their golden years. But if you only have a decade left before retiring, reaching millionaire status will require a lot of money (there are no shortcuts).
However, by investing in these three stocks, you can boost your returns from the market's average 10% annual return to around 12% to 13%. That will require just under $300,000 ($294,588 to be exact) to hit millionaire status. So, what are these three stocks?
Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) is the parent company of Google, YouTube, and the Android operating system. Its primary business is advertising, but it also has its hands in two important industries: artificial intelligence (AI) and cloud computing.
Source Fool.com
Alphabet Inc. A Aktie
Die Alphabet Inc. A Aktie ist ein Favorit: Nur Buy-Einschätzungen, keine Sell-Einschätzungen.
Die Community erwartet für Alphabet Inc. A ein Kursziel von 179 €, was eine deutliche Steigerung von über 20% gegenüber dem aktuellen Kurs von 148.2 € bedeuten könnte.
