2 Stocks That Could Create Lasting Generational Wealth
Investors often try to get rich quick, buying shares of stocks that are rocketing higher. The problem is that those stocks sometimes flame out in the end. A more reliable way to build generational wealth is to have a strong foundation of boring, reliable companies. It's even better if those companies pay dividends that can be reinvested over time.
Right now, you might want to consider "sleep-well-at-night" companies like Realty Income (NYSE: O) and (NYSE: UL).
The biggest attraction for Realty Income right now is probably the real estate investment trust's (REIT's) 5.8% dividend yield. That's near the highest levels of the past decade and far above the scant 1.3% on offer from the S 500 index. You can use the monthly dividend to pay for living expenses, or reinvest it to compound your growth over time.
Source Fool.com