3 Stocks That Could Create Lasting Generational Wealth
If you are building a portfolio of investments, with the hope that you will one day pass on your wealth to heirs, you need to focus on special stocks. You aren't looking for hot companies, but ones that have proved they can stand the test of time while still rewarding investors well along the way.
Federal Realty Investment Trust (NYSE: FRT), Hormel Foods (NYSE: HRL), and Texas Instruments (NASDAQ: TXN) all fit this mold. Here's a quick primer on how they can help you build lasting generational wealth.
Federal Realty, a real estate investment trust (REIT), owns strip malls and mixed-use properties. It has a very focused portfolio, with only around 100 assets in it.
Source Fool.com