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
_____________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
Do you need more income? Join the crowd. It seems everyone is scouring the landscape these days for decent income investments to beef up the...
-
There are some dividend aristocrats which have not only maintained but increased their dividends for over half a century. Having survived ev...
-
In bull markets, dividends become more or less irrelevant. When the Dow Jones Industrial Average traded above 14,000 in 2007, very few stoc...
-
While I've invested a decent portion of my portfolio into growth stocks, a significant part of my holdings consists of dividend-paying s...
-
All too often when a cheap stock offers a high dividend yield, it's too good to be true. Perhaps the stock has plunged with good reason,...
-
Stocks can make for amazing investments, offering better long-term returns than bonds, precious metals, and most other commonly available in...
-
If it's dividends you're after, there are plenty of top companies to consider, particularly those on the Dow Jones Industrial Averag...
-
Investors hear about dividend aristocrats all the time. It’s a fantastic thing if a company raises its dividend every year for 25 years runn...
-
Anxiety over the European debt crisis and distrust in the markets drove volatility in global stock markets to dizzying heights in 2011. The ...
-
To alert investors of stocks that have the highest risk of reducing their current dividend in the future, Simply Safe Dividends created a Di...
0 comments
Post a Comment
Post a Comment