Editor’s Note: Before we begin your free report “How to Make Your Fortune in Stocks,” I’d like to share a message from Wealth DailyPresident Brian Hicks.
Baby Boomer Admits: “I Wasted My Retirement”
I want to introduce you to Jerry. He’s 70 years old, fresh off the heels of his retirement party. He’s got well more than six figures in his retirement account. That’s enough money to live off of… right?
“I’ll be fine,” he thinks. But soon, it all starts catching up to him.
Inflation…Groceries…Gas…Gifts…Bills…Mortgage…
Jerry realizes he’s running out of money… fast.
He needs help to grow his retirement fund.
Jerry decides he wants to retire with confidence.
He decides wants to live the R.I.C.H. life.
That means…
Retired. Independent. Carefree. Healthy.
Now he couldn’t be happier, as he’s collecting passive income and growing his passive income at the same time.
Now you can join Jerry on his R.I.C.H. journey.
Free Report: How to Make Your Fortune in Stocks
Despite what Wall Street wants you to believe, you don’t have to be a genius to become a millionaire in the stock market.
And you certainly don’t have to be a master trader to ensure that the investments you make return enough to take care of you during your retirement.
All you need is time and a simple plan.
In fact, your plan can be as simple as buying high-quality dividend-growing stocks. It’s a completely hands-off approach, let the power of compound interest do its job over time.
Now, we realize that this may sound way too simplistic. But the truth is, long-term investing should be simple. You’re weaponizing both time and compound interest — two forces that are far more powerful than any analysis, economic forecast, or trading strategy.
That’s why we’ve put together this report. We want to teach investors about the long-term value of investing in high-yield dividend stocks. These stocks allow investors to take advantage of both time and compound interest.
But to kick-start your dividend-investing experience, we want to first provide you with an example. And then, we’ll give you a list of dividend stocks that are good for any portfolio.
Let’s get started…
He Was Just a Regular Investor
You’d think it would be pretty hard to hide a billionaire these days. After all, tax returns and Securities and Exchange Commission (SEC) filings can be easily accessed by diligent reporters.
Still, a new billionaire crops up from time to time.
More often than not, these new billionaires are at the helm of groundbreaking companies that strike it big.
And that’s the case with one of the newer American billionaires Stewart Horejsi (pronounced Horish).
The thing is, Horejsi uses a surprisingly simple strategy to make his fortune…
And this strategy hasn’t changed much over time. In fact, over the last 40 years, this method has reliably delivered impressive gains.
That means what works for Horejsi, and the many millionaires and billionaires before him, could work for you, too.
All you have to do is invest intelligently…
Investing to Make Your Fortune
Horejsi was running the company that his grandfather founded.
It was 1980, and Brown Welding Supply had been struggling. Other companies that sold oxygen and hydrogen tanks to welders had started to move into his Kansas turf.
So in a moment of desperation — or genius — Horejsi took more than $10,000 of company cash and bought 40 shares of Berkshire Hathaway stock. A friend had recently told him about Warren Buffett. Shares were trading for around $265 at the time.
Two weeks later, Horejsi bought 60 more shares at $295. A month after that, he doubled down for 200 shares at $330.
Horejsi eventually owned 5,800 Berkshire Hathaway shares. He sold 1,500 shares in 1998 when they’d been trading as high as $80,000 apiece. This was worth a cool $120 million. And he parlayed that into a successful money management firm.
Today, his remaining 4,300 shares are worth an astounding $1.23 billion.
I’d say he’s done pretty well.
And let’s not forget that Berkshire Hathaway has been a phenomenal success story. Since Horejsi’s first buys at $265, the stock has run to over $309,000 a share. That’s a gain of more than 116,503% over 39 years…
It’s Easier Than You Think
Now, Horejsi’s story may sound like a once-in-a-lifetime windfall.
It’s easy to hear a story like this and immediately thinkoh, that could never happen to me. But the fact is, massive gains over a span of 20 or 30 years are not once-in-a-lifetime events.
An investment might not give you gains like Stewart’s did, but you can pull in 20,000% or 30,000% within a 30-year period.
Say you bought Starbucks when it went public in 1992. Shares were $17. And $100,000 would have gotten you 5,882 shares.
Starbucks has split its shares six times over the last 20 years, and it only started paying a dividend in 2010. Today, if you’d reinvested those dividends, your 5,882 shares would have grown to 409,676shares…
That $100,000 would be worth almost $22.89 million!
The bottom line is, you just have to get started.
Don’t worry if you don’t have $100,000 ready to deploy. Start with what you can, and add to it when you can.
The point is to start.
And that brings us to the final segment of our report…
Some of the top dividend stocks out there…
Top Dividend Stocks for Any Portfolio
The Proctor & Gamble Company (NYSE: PG)
As the undisputed leader of the consumer staples industry, Proctor & Gamble has a lot to offer the average investor. Not only does the company have over 100 years of market experience, it’s also been delivering a healthy dividend for a large chunk of those years.
Even as our world changes and new players, like Amazon and small consumer staples companies, influence the consumer staples market, Proctor & Gamble has managed to grow. It’s grown its dividend by 5% in the last year, and has a payout ratio of 67.02%
Bottom line: At least in the immediate future, consumer staples aren’t going anywhere — even with companies like Amazon changing the ways in which these staples reach our households. Proctor & Gamble provides a wide range of household products from detergent to diapers. And it’s been showing almost constant growth since before the 2008 financial crash.
McDonald’s Corporation (NYSE: MCD)
I know, I know. McDonald’s isn’t exactly what comes to mind when you think of a cutting-edge modern company. But what’s actually happening behind the golden arches is the epitome of modern. From speedy and efficient systems to heavy marketing and consumer retention efforts, McDonald’s has continued to dominate.
The company has doubled down on expanding into new countries, tapping into markets with developing economies, like China’s. The restaurant has over 38,000 locations around the globe. And it’s continued to deliver new and interesting meals to a changing demographic. Proof of the company’s success is in the numbers: McDonald’s has more than doubled its monthly dividend in the last ten years.
Bottom line: Despite a shifting demographic, McDonald’s has managed to grow and meet the needs of its new customers. The company has been a fast-food pioneer, infiltrating new markets with growing economies and developing strong customer bases.
Verizon Communications Inc. (NYSE: VZ)
In the digital age, it’s good to have at least one company in your portfolio that’s paving the way toward a more connected future. Verizon is one such company that can act as an anchor for your portfolio with its nearly 7% dividend yield.
The ongoing rollout of 5G technology has created and sustained favorable conditions for the company. Although it might have faded from the news hype cycle, there is still billions of dollars worth of 5G infrastructure being constructed around the world, much of it by Verizon themselves.
There’s still an enormous amount of opportunity for Verizon in the future and a hefty dividend, to boot.
Bottom line: 5G has created a market growth opportunity for Verizon. And even if it isn’t a big winner right away, it could be a major victor in our increasingly connected world.
Dividend Watch: Stocks Getting Ready to Boost Their Dividends
By knowing which stocks plan on boosting their dividends, you can plan accordingly. They may even turn into the stocks that you want to buy and hold forever.
Companies expected to boost their dividends in the coming months are Broadcom (NASDAQ: AVGO) and Domino’s Pizza (NYSE: DPZ). Of course, there are other stocks expected to boost their dividends in 2024, but these two stocks look the most appealing from this side of the fence.
Final Thoughts: How to Make Your Fortune in Stocks and Beyond…
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Remember, fortune favors the bold.
