Want $1 Million in Retirement? Invest $200,000 in These 3 Stocks and Wait a Decade
Generating 5x returns over a decade is no simple feat. However, $200,000 invested evenly across a basket of The Trade Desk (NASDAQ: TTD), Pubmatic (NASDAQ: PUBM), and Global-e Online (NASDAQ: GLBE) shares could get you started on your journey to becoming a millionaire.
Requiring a 17.5% annualized return over the next 10 years to reach the $1 million mark, these three companies offer investors high growth and best-in-class operations in their industry niches. These qualities give the companies outsized multibagger potential -- meaning that an investment in each could double, triple, or more compared to its original investment cost.
Focusing on this multibagger potential -- after all, our basket of stocks will need to 5x to reach $1 million -- let's explore what makes these companies unique and such excellent candidates for helping investors reach $1 million.
Source Fool.com
