High-quality companies with durable earnings growth can be wealth-building powerhouses that lift a portfolio over time. Most people who retire with high net worths have likely enjoyed stellar returns from their stock investments.
Importantly, investors shouldn’t bet too heavily on one horse — a diversified portfolio is critical to managing your risks. That said, there are some stocks that you can buy and hold for the next decade that could make a notable difference in the growth of your nest egg.
Here are two such names. Consider investing $10,000 into each of these stocks, and they could help you retire a millionaire.
Amazon will continue enjoying e-commerce and cloud tailwinds
What a business Amazon (NASDAQ: AMZN) is. The company started by selling books online in the mid-1990s and is today’s dominant e-commerce retailer, with a roughly 38% market share in the United States. Perhaps…
