Want $1 Million in Retirement? Invest $250,000 in These 3 Stocks and Wait a Decade
Sometimes, the old financial adages are spot on. For example, it does take money to make money. And the expression that "time is money" is correct in many ways.
But it's also true that some investment alternatives require much less time to make you money than others. Want $1 million in retirement? Invest $250,000 in these three stocks and wait a decade.
An $83,333 investment (roughly one-third of $250,000) in Vertex Pharmaceuticals (NASDAQ: VRTX) made in October 2013 would now be worth nearly $393,000. Can Vertex deliver a similar return over the next 10 years? I think it just might come close.
Source Fool.com
Vertex Pharmaceuticals Inc. Stock
€422.25
-0.050%
With 57 Buy predictions and 2 Sell predictions Vertex Pharmaceuticals Inc. is one of the favorites of our community.
As a result the target price of 440 € shows a slightly positive potential of 4.2% compared to the current price of 422.25 € for Vertex Pharmaceuticals Inc..
