How to Make Your Fortune in Stocks (2024)

Editor’s Note: Before we begin your free report “How to Make Your Fortune in Stocks,” I’d like to share a message from Wealth DailyPresident Brian Hicks.

Baby Boomer Admits: “I Wasted My Retirement”

I want to introduce you to Jerry. He’s 70 years old, fresh off the heels of his retirement party. He’s got well more than six figures in his retirement account. That’s enough money to live off of… right?

“I’ll be fine,” he thinks. But soon, it all starts catching up to him.

Inflation…Groceries…Gas…Gifts…Bills…Mortgage…

Jerry realizes he’s running out of money… fast.

He needs help to grow his retirement fund.

Jerry decides he wants to retire with confidence.

He decides wants to live the R.I.C.H. life.

That means…

Retired. Independent. Carefree. Healthy.

Now he couldn’t be happier, as he’s collecting passive income and growing his passive income at the same time.

Now you can join Jerry on his R.I.C.H. journey.

Find out how here.

Free Report: How to Make Your Fortune in Stocks

Despite what Wall Street wants you to believe, you don’t have to be a genius to become a millionaire in the stock market.

And you certainly don’t have to be a master trader to ensure that the investments you make return enough to take care of you during your retirement.

All you need is time and a simple plan.

In fact, your plan can be as simple as buying high-quality dividend-growing stocks. It’s a completely hands-off approach, let the power of compound interest do its job over time.

Now, we realize that this may sound way too simplistic. But the truth is, long-term investing should be simple. You’re weaponizing both time and compound interest two forces that are far more powerful than any analysis, economic forecast, or trading strategy.

That’s why we’ve put together this report. We want to teach investors about the long-term value of investing in high-yield dividend stocks. These stocks allow investors to take advantage of both time and compound interest.

But to kick-start your dividend-investing experience, we want to first provide you with an example. And then, we’ll give you a list of dividend stocks that are good for any portfolio.

Let’s get started…

He Was Just a Regular Investor

You’d think it would be pretty hard to hide a billionaire these days. After all, tax returns and Securities and Exchange Commission (SEC) filings can be easily accessed by diligent reporters.

Still, a new billionaire crops up from time to time.

More often than not, these new billionaires are at the helm of groundbreaking companies that strike it big.

And that’s the case with one of the newer American billionaires Stewart Horejsi (pronounced Horish).

The thing is, Horejsi uses a surprisingly simple strategy to make his fortune…

And this strategy hasn’t changed much over time. In fact, over the last 40 years, this method has reliably delivered impressive gains.

That means what works for Horejsi, and the many millionaires and billionaires before him, could work for you, too.

All you have to do is invest intelligently…

Investing to Make Your Fortune

Horejsi was running the company that his grandfather founded.

It was 1980, and Brown Welding Supply had been struggling. Other companies that sold oxygen and hydrogen tanks to welders had started to move into his Kansas turf.

So in a moment of desperation — or genius — Horejsi took more than $10,000 of company cash and bought 40 shares of Berkshire Hathaway stock. A friend had recently told him about Warren Buffett. Shares were trading for around $265 at the time.

Two weeks later, Horejsi bought 60 more shares at $295. A month after that, he doubled down for 200 shares at $330.

Horejsi eventually owned 5,800 Berkshire Hathaway shares. He sold 1,500 shares in 1998 when they’d been trading as high as $80,000 apiece. This was worth a cool $120 million. And he parlayed that into a successful money management firm.

Today, his remaining 4,300 shares are worth an astounding $1.23 billion.

I’d say he’s done pretty well.

And let’s not forget that Berkshire Hathaway has been a phenomenal success story. Since Horejsi’s first buys at $265, the stock has run to over $309,000 a share. That’s a gain of more than 116,503% over 39 years…

It’s Easier Than You Think

Now, Horejsi’s story may sound like a once-in-a-lifetime windfall.

It’s easy to hear a story like this and immediately thinkoh, that could never happen to me. But the fact is, massive gains over a span of 20 or 30 years are not once-in-a-lifetime events.

An investment might not give you gains like Stewart’s did, but you can pull in 20,000% or 30,000% within a 30-year period.

Say you bought Starbucks when it went public in 1992. Shares were $17. And $100,000 would have gotten you 5,882 shares.

Starbucks has split its shares six times over the last 20 years, and it only started paying a dividend in 2010. Today, if you’d reinvested those dividends, your 5,882 shares would have grown to 409,676shares…

That $100,000 would be worth almost $22.89 million!

The bottom line is, you just have to get started.

Don’t worry if you don’t have $100,000 ready to deploy. Start with what you can, and add to it when you can.

The point is to start.

And that brings us to the final segment of our report…

Some of the top dividend stocks out there…

Top Dividend Stocks for Any Portfolio

The Proctor & Gamble Company (NYSE: PG)

As the undisputed leader of the consumer staples industry, Proctor & Gamble has a lot to offer the average investor. Not only does the company have over 100 years of market experience, it’s also been delivering a healthy dividend for a large chunk of those years.

Even as our world changes and new players, like Amazon and small consumer staples companies, influence the consumer staples market, Proctor & Gamble has managed to grow. It’s grown its dividend by 5% in the last year, and has a payout ratio of 67.02%

Bottom line: At least in the immediate future, consumer staples aren’t going anywhere — even with companies like Amazon changing the ways in which these staples reach our households. Proctor & Gamble provides a wide range of household products from detergent to diapers. And it’s been showing almost constant growth since before the 2008 financial crash.

McDonald’s Corporation (NYSE: MCD)

I know, I know. McDonald’s isn’t exactly what comes to mind when you think of a cutting-edge modern company. But what’s actually happening behind the golden arches is the epitome of modern. From speedy and efficient systems to heavy marketing and consumer retention efforts, McDonald’s has continued to dominate.

The company has doubled down on expanding into new countries, tapping into markets with developing economies, like China’s. The restaurant has over 38,000 locations around the globe. And it’s continued to deliver new and interesting meals to a changing demographic. Proof of the company’s success is in the numbers: McDonald’s has more than doubled its monthly dividend in the last ten years.

Bottom line: Despite a shifting demographic, McDonald’s has managed to grow and meet the needs of its new customers. The company has been a fast-food pioneer, infiltrating new markets with growing economies and developing strong customer bases.

Verizon Communications Inc. (NYSE: VZ)

In the digital age, it’s good to have at least one company in your portfolio that’s paving the way toward a more connected future. Verizon is one such company that can act as an anchor for your portfolio with its nearly 7% dividend yield.

The ongoing rollout of 5G technology has created and sustained favorable conditions for the company. Although it might have faded from the news hype cycle, there is still billions of dollars worth of 5G infrastructure being constructed around the world, much of it by Verizon themselves.

There’s still an enormous amount of opportunity for Verizon in the future and a hefty dividend, to boot.

Bottom line: 5G has created a market growth opportunity for Verizon. And even if it isn’t a big winner right away, it could be a major victor in our increasingly connected world.

Final Thoughts: How to Make Your Fortune in Stocks and Beyond…

You can continue learning more about dividend stocks through our Wealth Dailye-letter. If you’re impatient for your e-mail updates, you are encouraged to visit and subscribe to our growing YouTube community. It’s totally free to you, and full of robust market commentary and analysis. Click here to get started.

Remember, fortune favors the bold.

How to Make Your Fortune in Stocks (2024)

FAQs

How do you make a fortune in stocks? ›

How to make money in stocks
  1. Open an investment account.
  2. Pick stock funds instead of individual stocks.
  3. Stay invested with the "buy and hold" strategy.
  4. Check out dividend-paying stocks.
  5. Explore new industries.
Apr 3, 2024

How do you make sure you're successful in stocks? ›

  1. Buy the right investment.
  2. Avoid individual stocks if you're a beginner.
  3. Create a diversified portfolio.
  4. Be prepared for a downturn.
  5. Try a stock market simulator before investing real money.
  6. Stay committed to your long-term portfolio.
  7. Start now.
  8. Avoid short-term trading.
Apr 16, 2024

How much money do I need to invest to make $1000 a month? ›

A stock portfolio focused on dividends can generate $1,000 per month or more in perpetual passive income, Mircea Iosif wrote on Medium. “For example, at a 4% dividend yield, you would need a portfolio worth $300,000.

How much money do I need to invest to make $3,000 a month? ›

Imagine you wish to amass $3000 monthly from your investments, amounting to $36,000 annually. If you park your funds in a savings account offering a 2% annual interest rate, you'd need to inject roughly $1.8 million into the account.

How can I make my fortune? ›

8 Steps to Help You Build Wealth
  1. Start by making a plan.
  2. Make a budget and stick to it.
  3. Build your emergency fund.
  4. Automate your financial life.
  5. Manage your debt.
  6. Max out your retirement savings.
  7. Stay diversified.
  8. Up your earnings.
Jul 18, 2023

Can stocks make you a millionaire? ›

In any market condition, there are stocks to make you a millionaire and the names generally come from growth stocks. It's important to mention that success does not come overnight. The millionaire maker growth stocks discussed in this column are likely to deliver multibagger returns in the next five years.

How do you smartly invest in stocks? ›

First, you need to determine your risk tolerance, and then you need to decide if you want to invest in individual stocks or more passive investments like ETFs. Then determine how much money you can invest for the long term and figure out which brokerage or robo-advisor is best for you.

What stock will make me money fast? ›

Money Making Stocks To Invest In
  • Airbnb, Inc. (NASDAQ:ABNB)
  • Novo Nordisk A/S (NYSE:NVO)
  • ASML Holding N.V. (NASDAQ:ASML)
  • Lockheed Martin Corporation (NYSE:LMT)
  • Cisco Systems, Inc. (NASDAQ:CSCO)
  • PDD Holdings Inc. (NASDAQ:PDD)
  • The Home Depot, Inc. (NYSE:HD)
  • Booking Holdings Inc. (NASDAQ:BKNG)
Dec 30, 2023

How to take profit from stocks? ›

Here's a specific rule to help boost your prospects for long-term stock investing success: Once your stock has broken out, take most of your profits when they reach 20% to 25%. If market conditions are choppy and decent gains are hard to come by, then you could exit the entire position.

How to make $2500 a month in passive income? ›

Invest in Dividend Stocks

One of the easiest passive income strategies is dividend investing. By purchasing stocks that pay regular dividends, you can earn $2,500 per month in dividend income. Here's a realistic example: Invest $300,000 into a diversified portfolio of dividend stocks.

How much will I have if I invest $500 a month for 10 years? ›

What happens when you invest $500 a month
Rate of return10 years30 years
4%$72,000$336,500
6%$79,000$474,300
8%$86,900$679,700
10%$95,600$987,000
Nov 15, 2023

What stocks pay a monthly dividend? ›

  • Realty Income (O) ...
  • SL Green (SLG) ...
  • STAG Industrial (STAG) ...
  • AGNC Investment (AGNC) ...
  • Apple Hospitality REIT (APLE) ...
  • EPR Properties (EPR) ...
  • Agree Realty (ADC)
Apr 12, 2024

Can you make a living off stocks? ›

With so many routes, anybody can enter the market, but your ultimate success depends on you. Depending on the route that you choose, trading can become a full-time career opportunity, a part-time opportunity, or just a way to generate supplemental income.

What if I invest $50,000 every month? ›

Investing 50,000 INR every month is a great start to building wealth. Here's a straightforward investment strategy to consider: Set Clear Financial Goals: Determine your financial goals, whether it's buying a house, saving for retirement, or funding your children's education.

Can I live off interest on a million dollars? ›

Once you have $1 million in assets, you can look seriously at living entirely off the returns of a portfolio. After all, the S&P 500 alone averages 10% returns per year. Setting aside taxes and down-year investment portfolio management, a $1 million index fund could provide $100,000 annually.

How do you create wealth in the stock market? ›

Diversifying your investments will help protect your money from market downturns.
  1. Earn Money. The first thing you need to do is start making money. ...
  2. Set Goals and Develop a Plan. What will you use your wealth for? ...
  3. Save Money. ...
  4. Invest. ...
  5. Protect Your Assets. ...
  6. Minimize the Impact of Taxes. ...
  7. Manage Debt and Build Your Credit.

How do you make money on stocks? ›

Investors, meanwhile, can make money from stocks in 2 ways:
  1. Share appreciation. When a company does well financially or becomes more desirable, the value of its stock can increase. ...
  2. Dividends. Certain companies may decide to share a portion of their financial success with investors through cash payments called dividends.

How to turn $10,000 into a fortune? ›

To potentially turn $10k into $100k, consider investments in established businesses, real estate, index funds, mutual funds, dividend stocks, or cryptocurrencies. High-risk, high-reward options like cryptocurrencies and peer-to-peer lending could accelerate returns but also carry greater risks.

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