We all want to learn the secret to success. Many get-rich-now infomercials have preyed on this desire while making the sellers wealthy at the expense of the buyers. I have good news for you, there really is a secret to success, and what is even better news is that the secret is not hard to discover. It has been right there in front of you all this this time. Your parents likely taught it to you in the form of a fable. Let’s explore this secret to success a little more…
As a child most of heard (or watched) Aesop’s fable The Tortoise and the Hare. The story is about confident hare that brags about how fast he can run while poking fun at a slow-moving tortoise. The tortoise having tired of the hare’s fodder challenges him to a race. The hare jumps out to an early lead and decides to take a nap midway through the race. When he awakes, he finds that the tortoise made steady progress and beat him to the finish line.
Have you ever stopped to ponder just where are all these get-rich-now infomercial millionaires? I know several people who have purchased one or more of these get-rich-now kits, but I don’t know of anyone who actually got rich from purchasing the kit. Warren Buffett and Bill Gates didn’t build their fortunes with a get-rich-now kit. They worked hard built it steadily over time.
In much the same way, a disciplined approach to investing, such as dividend growth stocks, can be highly effective. Though it may seem boring to many, I find it exciting to see my income growing as the finish line approaches. Consider these slow and steady growers:
|Wal-Mart Stores (NYSE:WMT)||2.22%||11.01%||36|
|Pepsico, Inc. (NYSE:PEP)||2.87%||6.48%||38|
|Sysco Corp. (NYSE:SYY)||3.43%||6.52%||39|
|Federal Realty (NYSE:FRT)||3.22%||1.53%||42|
|Illinois Tool Works (NYSE:ITW)||2.68%||4.84%||47|
|3M Company (NYSE:MMM)||2.36%||2.47%||52|
|Emerson Electric (NYSE:EMR)||2.51%||1.52%||53|
|Genuine Parts (NYSE:GPC)||3.64%||2.50%||54|
|Procter & Gamble (NYSE:PG)||3.12%||6.96%||54|
Full Disclosure: Long WMT, PEP, SYY, CL, ITW, JNJ, KO, MMM, EMR, GPC, PG. See a list of all my income holdings here.
- Low-Debt Dividend Stocks
- Dividend Stocks Secret Ingredient
- Five High-Yield Positive Return Investments
- 7 Low-Debt High-Rated Dividend Stocks
- 8 Dividend Stocks With The Right Stuff
- High Yield Dividend Stocks in Gurus' Portfolio
- Top dividend stocks of Warren Buffett
- Top dividend stocks of George Soros
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