3 Stocks That Could Double Your Money in 10 Years on Dividends Alone
Investing in stocks can make you money in two primary ways. The most important way is for share prices to rise. Many stocks also deliver additional returns by paying dividends.
Every investor loves to see the prices of stocks they own go up. But don't discount the power of dividends to generate impressive gains over the long term. Here are three stocks that could double your money in 10 years on dividends alone.
The "rule of 72" is a simple way of determining how long it takes for a given investment to double. Divide 72 by the expected rate of return and you'll get the approximate amount of time before the investment will double.
Source Fool.com