Got $3,000? These No-Brainer Stocks Can Easily Double Your Money
Last week, all three of the major U.S. indexes -- the iconic Dow Jones Industrial Average, benchmark S&P 500, and tech-heavy Nasdaq Composite -- closed at fresh all-time highs.
For some investors, it's simply not appealing to put money to work with the market at a record high. However, history has conclusively shown that if you hold on to your high-quality investments for a long time, it doesn't matter when you put your capital to work -- you'll very likely make money. For instance, there hasn't been a rolling 20-year period in history where buying an S&P 500 tracking index would have lost you money. Value exists, if you have a long-term mindset.
Best of all, you don't need to start with a fortune to build wealth on Wall Street. If you have $3,000 in cash at the ready, which won't be needed to pay bills or cover an emergency, this is more than enough to buy the following trio of no-brainer stocks, all of which have the capacity to easily double your money.
Source Fool.com
