3 Stocks to Help You Build Retirement Wealth
Retirement planning requires you to find investments that will grow to let you build up a pool of savings for when you stop working. Growth stocks that will be around for the long term are a great way to reach that goal, but you have to be smart about which growth stocks to buy right now.
Several key characteristics are important in choosing growth stocks. First, the stock's returns should outpace the market for the next few decades. To do that, avoiding mature, stable, low-growth companies that reliably kick off modest returns without much volatility greatly reduces the candidate list. To be sure, those sorts of stocks have a role in most portfolios, especially those that are optimized to limit risk, but they drag down long-term growth potential. If you have time to ride out one or two cyclical bear markets before retirement, you want to prioritize growth rather than stability.
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Source Fool.com
