You may have a kid or a grandkid, or you may just want to know how to secure a comfortable financial future. Well, if this advice is good enough for the precious baby in my life, it’s good enough for you.
I’ve never met anybody who got filthy rich in the stock market overnight and stayed that way for long. But if you’re the patient-aggressive type, it’s definitely possible to get close to 20% a year. At that point, it’s almost inevitable that you’ll hit millionaire status.
I’m notoriously cheap when it comes to investing. I like to buy companies with strong balance sheets at bargain prices and hold them for the long term. This investment gives me a chance to do just that.
This company boasts one of the most profitable and uniquely diverse businesses I’ve ever seen. Owning it means I’m sure to see outsized long-term returns without having to (falsely) predict the future. By investing in it, I’m investing in the long-term certainties of the global economy.