5 Stocks That Can Turn $100,000 Into $400,000 This Decade
The stock market provides a pathway for tens of millions of Americans to work their way toward financial freedom. Although big gains don't happen overnight, patience pays off when it comes to investing in great businesses.
For example, the broad-based S&P 500, which is home to 500 of the largest multinational companies by market cap, has generated an annual average total return, including dividends, of more than 10% for the past four decades. People who chose to reinvest their dividends could double their initial investment in an S&P 500 tracking index in about seven years.
There's zero shame in pacing the market and building wealth. But there are also plenty of companies worth buying that can handily outpace the S&P 500 over the longer term. If you were to invest $100,000 into these five stocks right now, it's my belief you'll have $400,000 or more by the end of the decade.
Source Fool.com
