Investors reveal five stocks that helped them retire at the age of 55.
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Investing early in the stock market and leaving it all together despite a bad day is a good idea. It creates wealth. US stocks recorded annual revenues at 10.3% from 1994 to the end of 2023. The $10,000 investment in the market 30 years ago had grown to $200,000 by 2023. Meaning $108,000 on lost returns.
So, it’s important to continue investing in the market, even though that volatility is key. Let’s take a look Success Story This has made investors wealthier by investing early.
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About six months ago, someone asked R/Stock (a Reddit community with over 8.4 million members) if someone on the forum could make them rich by investing in the stock market. The question received over 800 comments and there were several interesting success stories.
Investors said they were able to retire about 10 years ago thanks to early investments in the stock market.
“Success is slow and stable so I was able to retire 10 years ago. I’m living a good life now. I first invested in the late 1990s,” he said.
Investors also advised that they always plan negative side protections.
“One of the most important things about investing (not gambling) is to have both a drawback and an upside strategy. As for my downside strategy, it’s easy – if I lose about 15-20% of my original investment dollars, I went out and what I missed, or was there an excessive event? I ask (war, terrorism, ..). I keep watching, but I rarely get down on average because I see this as throwing good money after bad. You need to remember that if you lose 50%, you will need to double your inventory. ”
Let’s take a look at some of the stocks that helped investors become wealthy and retire early.
Honeywell International Inc. (NASDAQ:Hon) played a key role in the path to investor success as he registered with the company’s dividend reinvestment plan and began to contribute regularly.
“I decided to join the DRIP program, which initially donated $100 a month, changed it to $500 per quarter, and added extra cash from time to time. I only sold once during Covid to redo the kitchen. “No. I’m worth six figures today.”
Honeywell’s dividend yield is approximately 2%. The stock is now in the spotlight after the company said it was planning to split it into three public companies: automation, Honeywell aerospace, advanced materials. The move came after pressure from activist investors Elliott Investment Management.
Investors said he loaded onto the meta platform (NASDAQ:Meta) Stock when the stock was trading for $19. Today, stocks on social media platforms are trading for around $714, exceeding 1,700% since its release. Investors explained why he was bullish in the meta:
“In the case of FB/Meta, I thought they had too many eyes to fail.”
After Meta’s latest quarterly results, Morgan Stanley said the company’s foundations remain “very strong.” The company maintained its overweight rating on its stock and set a price target of $900.
Advanced Micro Devices Inc (NASDAQ:AMD) It also helped investors achieve wealth and early retirement. He bought a chipmaker stock at about $2.5. Today, the stock is trading for around $107.
“AMD is the only competitive advantage (Intel (Nasdaq: INTC)) At the time, customers knew that AMD would not fail because competition was needed as leverage to INTC pricing. When they hired Dr. (Lisa) SU, they began to run. I also thought the INTC strategy for branding device names was a genius, but I’ll catch up with them as others enter the market. The same thing is not possible at NVDA to brand devices,” the investor said.
AMD is Nvidia (Nasdaq:NVDA) With the ever-increasing number of AI races. Its most recent quarter results showed downbeat growth in key data center segments. Citi downgraded AMD from purchases to neutral after reporting, reducing its price target from $170 to $110.
Investors who were able to retire early to invest in stocks are Eli Lilly & Co (NYSE:lly) He was part of his portfolio as he piled up into a medical company when the stock was trading at $60. As of February 8th, the stock price was $878, a whopping 19,000% since the company’s IPO. Eli Lilly recently recorded a strong Q4 outcome amidst the demand for type 2 diabetes and weight loss medication. In 2025, revenue is expected to increase by 32%.
Investors bought General Electric stocks while hovering for around $6. Last year, the company was split into three separate businesses: aviation, health and energy.
“I was at GE around the time (Jeff) Immelt I became CEO (in 2001) and saw him giving keynote speeches at meetings and thought he was slippery. I sold it all and took it home for $6. Money that has long died, but now it has proven right,” the investor wrote about the company.
