2 Growth Stocks That Could Help You Retire a Millionaire
Investing in stocks is one of the best ways to build wealth for retirement, but making a million from stocks by the time you retire becomes a lot easier if you buy and hold growth stocks. Granted, the volatility in growth stocks can be unnerving, but they can generate magnificent returns over time. And the earlier you start investing for retirement, the more time you have to enjoy compounding and the higher your chances of making millions.
Here are two such growth stocks that could help you retire a millionaire, thanks to their solid businesses and growth catalysts.
If you had invested $20,000 inSalesforce (NYSE: CRM) 10 years ago, you'd have nearly $110,000 today. And that's after factoring in the stock's steep decline this year. The rise in Salesforce's stock price wasn't a fluke -- the company has grown its revenues and free cash flows exponentially over the years.
Source Fool.com
