5 Cheap Dividend Growth Stocks With 25% Upside
May 18, 2016 at 06:00 AM EDT
Today I’m going to share my favorite retirement investment with you. Even with the stock market at elevated levels, I expect it to earn me 8-10% annually over the long haul. Last month my software company setup a 401K retirement plan through Vanguard. I had to select my funds – and that gave me instant pause. Sure, stocks for the long run… but the S&P at 23-times earnings? Europe or Asia? Roll the dice on emerging markets? My answer was “none of the above.” Instead I piled my current and future contributions into the Vanguard Dividend Growth Fund (VDIGX) with a 100% allocation. Remember, according to Ned Davis Research, 80% of the total return of the S&P 500 since 1960 can be credited to the... Read more