2 Stocks That Could Create Lasting Generational Wealth
If you're looking to create enduring wealth, the stock market is a great place to focus your attention. Businesses can grow their earnings power for decades, and some of the best companies have been rewarding shareholders with positive returns for over a century. Consider a company like Procter & Gamble, which has been paying out a dividend since the 90s -- the 1890s, that is.
Yet it's a challenge to identify stocks that can maintain their strong market positions for many decades, and there's always the risk of a major industry or technology shift impairing a previously successful business. That's why it pays to construct a portfolio of several world-class businesses. That way you aren't too dependent on any single company.
With that in mind, let's look at a few stocks that, from today's vantage point, seem poised to produce wealth over the long term.
Source Fool.com
