You’d be hard-pressed to find someone who’s more enthusiastic about aggressively using the stock market to build long-term wealth and passive income than I am. But you have to get rid of that credit card debt first.
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This stock offers a 3.9% yield, a very low payout ratio, almost a decade of dividend raises, double-digit dividend growth, and the potential that shares are roughly 40% undervalued.
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There’s no universal definition on what constitutes “rich”… but I think it’s easily possible to build significant, life-changing wealth inside of 10 years.
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Names include Amazon, Bank of America, USG Corporation and more…
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Excellent fundamentals, a market-beating yield, a very low payout ratio, and the potential that shares are 16% undervalued are all great reasons why dividend growth investors should take a close look at this stock right now.
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