As regular readers know, I’m a big fan of a group of companies I like to call my “forever stocks.” Put simply, forever stocks are businesses that can build your wealth, not just for months or quarters, but for generations. They are wonderful, legacy-type assets that you could literally own for the next 100 years. Forever stocks deliver a product or service you probably use every day. In contrast to banks or hedge funds, forever stocks don’t deal in complicated financial products.
In other words, they’re timeless. In all my years of investing, I’ve found that it’s not the hot startups or biotech names that make investors the most money. Rather, the best investments tend to be stodgy dividend stocks that crank out distributions decade after decade. Case in point: American Water Works Company Inc (NYSE:AWK). American Water Works has the excitement of a bologna sandwich. The company is the largest public water utility in the world, providing wastewater, drinking water, and other related services. Though the firm doesn’t get mentioned much at cocktail parties, the company meets my criteria of a “forever stock” for a couple of reasons.
Source: Income Investor
Related Articles:
- We Were Dividends, Before Dividends Were Cool
- 7 Dividend Stocks Delivering The Secret To Success
- 5 Low-Risk, High-Yielding Dividend Stocks
- 9 Dividend Stocks For A Rainy Day
- 6 Dividend Growth Stocks With Strong Capital Appreciation
1 Top Dividend Stock for the Next 100 Years
Posted by D4L | Friday, December 23, 2016 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
~
Popular Posts Last 30 Days
-
As a relatively new blogger, the one thing that has stood out in my mind is the number of Canadian bloggers in the areas that I am most inte...
-
In short, dividend-bearing stocks are one of the smartest approaches stock investors have available currently. The same is true in strong ec...
-
If your growth-investing days are over (or nearly so) and you're more interested in steady income, start your search with all-weather st...
-
Finding cheap dividend stocks is critical for another reason. By the time the Federal Reserve meets for the second time in 2023, the central...
-
Investing in passive income can allow you to make money with minimal portfolio management. There are many types of investments to make passi...
-
Many companies make very predictable fixed dividend payments each quarter. When they do, their investors have a pretty good idea of how much...
-
As 2022 wraps up, many investors are likely looking for ways to position their portfolio for more macroeconomic uncertainty next year. After...
-
Linked here is a detailed quantitative analysis of Chevron Corporation (CVX). Below are some highlights from the above linked analysis: Comp...
-
With inflation appearing to have peaked and fears of a recession dimming somewhat, investors have some positive catalysts to look forward to...
-
Linked here is a detailed quantitative analysis of Southern Company (SO). Below are some highlights from the above linked analysis: Company ...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.