Many conservative, long-term investors know the most stable stocks on Wall Street tend to be big blue chips with massive brand recognition and a hefty dividend yield. While there are a lot of sexy names getting press right now — like Facebook (NASDAQ:FB) and its massive IPO on May 18 — there is nothing wrong with a slow trickle of income and a stable blue-chip company that will ride out any rough going this summer.
It’s the classic tortoise vs. the hare scenario. You can flail around banking on sector rotation or a rebound in gold or the next high-growth small-cap stock that will deliver big gains before flaming out — or, you can steadily grow your retirement funds in tortoise-like blue chips that plod along slowly and safely retreat into their shell when times are tough.
Source: InvestorPlace
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I agree that the tortoise will eventually win the race. I may like the idea of hitting it big with one stock pick like Facebook but I know that I'm just as likely to lose big. So I decide to invest in dividend growth stocks of blue chip companies that will offer me solid returns through the years and give me high chance of retiring successfully.