Many investors think they need to choose between current income and price upside. They don’t.
In a moment, I’ll highlight five stocks paying between 8% and 10% with 40% upside to boot.
Let’s face it – growth matters. It’s the best way to retire on a nest egg of just $500,000:
How to Stretch Your Investment on $500,000
The table above assumes a nest egg of half a million dollars that yields 8% a year, and absolutely no dividend reinvestment – here, you’re putting every cent of income into your pocket. Look how much that $500,000 expands over just a few years as you’re able to achieve more capital gains out of it. Even if you’re conservative and want to assume just 4% in annual growth out of your portfolio, that’s an extra $240,000 after 10 years – a much better position to be in than if you settled for a no-growth portfolio by selecting subpar high yielders …