Buy and hold ... forever? It's a tall order, but a select few companies are potentially up to the task. You can build a wealth-compounding machine with dividend stocks that pay shareholders a portion of their profits. Want to use them to pay your living expenses? Good. Want to reinvest them to buy more shares of stock -- which pay more dividends? Great!
Picking dividend stocks for your portfolio can seem overwhelming because so many options exist. That's why I like to keep it simple and look at stellar companies with a track record of success. My recent search landed me on Coca-Cola (KO 0.18%) and Procter & Gamble (PG 0.17%). Here's why you can buy and hold these companies, probably forever.
Source: Motley Fool
Related Articles:
________________________________________________________________
Subscribe to:
Post Comments (Atom)
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.