Got $2,500? 3 Innovative Stocks That'll Make You Rich
Given the year we've had in 2020, it wouldn't surprise me if folks thought it difficult to make money investing in the stock market. After all, we've witnessed record-breaking volatility, as measured by the CBOE Volatility Index, and a peak 34% loss in the benchmark S&P 500 over a roughly one-month time frame.
But historical data suggests otherwise. Over the long run, the S&P 500 has returned 7% annually, inclusive of dividends paid. This factors in the dozens of corrections and bear markets the widely followed index has navigated its way through over the years.
In other words, it's easy to get rich investing in the stock market, as long as you follow a simple recipe for success: Buy innovative stocks and hang onto them over the long haul.
Source Fool.com
