4 Stocks That Can Make the Average Investor a Millionaire
There are a lot of ways to build wealth. You can squirrel your savings under the mattress, invest in real estate, or buy bonds and bank CDs to generate interest income, to name a few ideas. But of all the investment vehicles available, the stock market has been the most consistent wealth creator over the long run.
Since 1980, the benchmark S&P 500 has delivered an average annual total return (including dividends) of better than 11%. Keep in mind that this figure takes into account Black Monday, the dot-com crash, the Great Recession, and the coronavirus crash.
Perhaps the best thing about the stock market is you don't need to have the investing intellect of Warren Buffett to achieve financial independence. Simply buying game-changing businesses and holding onto them for long periods of time is the key that can allow the average investor to become a millionaire. It's my belief that the following four stocks can help John and Jane Q. Investor reach this financial milestone.
Source Fool.com
