$5,000 Invested in These 3 Stocks Could Make You Rich Over the Next 20 Years
While rich is a somewhat arbitrary term, becoming wealthy from a $5,000 investment in stocks usually means spotting a multibagger before it takes off. Multibaggers are stocks that increase in value multiple times compared to their original cost. For example, if you bought $5,000 worth of a stock and its value grew to $50,000, it would be a 10-bagger -- meaning it increased by 900% or 10 times.
Keeping this multibagger focus in mind while looking down the road 20 years with our $5,000 investments, these three stocks could make investors rich if they are willing to hold for the long term.
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Source Fool.com
