3 Stocks That Could Create Lasting Generational Wealth
Buildng your wealth significantly is typically a slow and long process. Get-rich-quick schemes aren't the way to go. Investing in stocks that consistently deliver strong returns over long periods is a more effective strategy. Of course, with thousands of options on equity markets, it's not always easy to know which ones to pick. For some inspiration, consider the following three: SoFi Technologies (NASDAQ: SOFI), Uber Technologies (NYSE: UBER), and Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B).
Image source: Getty Images.
SoFi Technologies, an online bank, has really come into its own during the past two years. The company's shares have soared as its customers and assets have increased significantly, along with revenue and earnings. The best part is that we may still be in the early innings of SoFi's growth story. SoFi Technologies' entirely online model and interactive app grant it a significant appeal. It means it can do away with some of the charges and costs brick-and-mortar banks impose that partly go into maintaining physical locations.
Source Fool.com
