$300 a Month in These 3 Stocks Could Make You a Millionaire by Retirement
Thanks to the wonders of compound interest, it doesn't take a lot of money to grow a million-dollar nest egg. For example, investing $300 a month could grow into more than $1 million in 30 years if it can generate a 12% annual return. That's slightly better than the average stock market return over the last 50 years of nearly 11%.
Many companies have a long history of beating the market. Three companies that appear likely to continue doing so in the decades ahead are Brookfield Renewable (NYSE: BEP)(NYSE: BEPC), Crown Castle International (NYSE: CCI), and NextEra Energy (NYSE: NEE). Because of that, $100 invested in each one every month could grow into a $1 million nest egg by retirement.
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Source Fool.com
