Making the most of your portfolio is important—you want it to grow substantially, but you also want to make sure you’re not taking too many risks and losing more than you’re gaining. There are plenty of ways to approach stock market success, and one of the best strategies is to diversify your portfolio in different phases. In this article, we’ll take a look at three stocks that have the potential to maximize your profits through the three phases of successful investing: growth, value, and income.
The first stage of investing, growth, is often considered the most important because it’s when you have the chance to really make the most of your investments. With growth, you’re aiming for long term, steady growth of your portfolio. You want to pick stocks that have a record of strong returns over time. Some examples for this stage include Tesla Motors, Apple Inc., and Microsoft Corporation. All three of these companies have consistently proven to be great growth stocks, with even higher potential for gains in the future.
The second phase of successful investing is value. With value stocks, you are investing in companies that are currently undervalued in the market. You invest in the present, not for future growth, and are looking to buy today at a lower price and sell at a higher price in the future. Some good examples for this stage include Chevron Corporation, Wells Fargo & Company, and Johnson & Johnson. All have been around long enough to have a good history of performing well and have strong dividend yields that provide income.
The third and final phase of investing is income. With income investing, you are looking to capitalize on companies that offer consistent dividends. You want to look for companies that are likely to increase their dividend payouts over time. Some good stocks for this include AbbVie Inc., Pfizer Inc., and Procter & Gamble. All three of these companies have high dividend yields and track records of increasing their dividend payments, helping to ensure that your income remains steady even in tough economic times.
By diversifying your investments among the three phases of successful investing, you can maximize your returns and minimize risk. Investing in Tesla Motors, Chevron Corporation, Pfizer Inc., and the other stocks mentioned above are all great ways to get started on the path to investment success. With a well-structured and dynamic portfolio, you can be sure to maximize your profits and have a bright future ahead of you.