$5,000 Invested in These 3 Stocks Could Make You Rich Over the Next 20 Years
If you invested $5,000 in a low-fee broad-market index fund today and waited 20 years, based on the average annual return of Wall Street, that investment would have grown in value to more than $23,000.
That's a pretty nice gain, but if you're committed to a long-term growth strategy, there are ways you can do even better. One method is to identify smaller companies that are innovators in promising growth industries, but that haven't yet reached their potential. For example, people who bought Adobe (NASDAQ: ADBE) 20 years ago when it was a small player in a fast-growing industry and held on have multiplied their investments by nearly 50 times.
These three growth stocks are compelling opportunities today that could turn into giants two decades from now, making them strong candidates for your retirement portfolio.
Source Fool.com
