How 1 Man Turned $10K Into Over $8 Million
I never thought getting older was fun (I'm over 50).
"Over the hill!"
"Past your prime!"
Those were phrases I used to think about all the time.
But suddenly, everything changed. All the pieces of the puzzle fell into place. My outlook had completely changed.
You see, I recently heard about one American man who made his fortune later in life.
His name is Stewart Horejsi and…
He turned a modest $10,600 investment into an $8,016,867 fortune.
Horejsi piggybacked on the success of a man who rewrote the rules of investing.
You may have heard of him. His name is Warren Buffett — the billionaire share market investor.
Like Horejsi, Buffett amassed his wealth later in life too. In fact, as Buffett blew out the candles on his 50th birthday cake, he had 1% of his current fortune.
Think about it: At an age when most give up hope, Buffett was just getting started on the remaining 99% of his fortune!
Which means it's never too late for you to build your wealth, too.
See, Buffett got rich by picking the right type of shares and holding on to them for years.
But I know what you may be thinking.
What should I buy instead?
Look: The ASX is a bloodbath right now and picking the wrong shares could harm your wealth.
Which is why I think you'll want to lean forward in your chair and listen in now.
Because one under-the-radar, fully-franked dividend share could be a far better bet than BHP today.
See, The Motley Fool's team of expert analysts scours the market for shares with considerable growth potential.
And this team of market-beating share pickers…
The best way I know to create wealth is with dividend shares.
Heck, 92.5% of Buffett's portfolio is invested in dividend shares. They're one of the keys to how he systematically amassed his riches.
That's why I reckon one of the only things standing between you and a comfortable retirement is knowing exactly which shares to buy.
And lucky for you…
The Motley Fool's top dividend share for 2017 has recently been released.
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Truth be told, this company, trading on an almost 5% fully-franked dividend yield, is one our expert analysts think has considerable growth potential in 2017 and beyond.
Look: The ASX is a bloodbath right now and picking the wrong shares could harm your wealth.
So, take a few minutes to uncover the name of The Motley Fool's top dividend share for 2017.
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Date updated: 18 November 2016
*All dollar values in USD
This report contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson. Please refer to our Financial Services Guide (FSG) for more information. The Motley Fool has a clear and concise disclosure policy. Staff may own shares in the companies listed above, and those positions may change at any time.
All returns cited are hypothetical and based on the percentage change between the stock price at the time of recommendation and the current or sell price (if the position has been closed) at the time of publication. Brokerage, taxes and any other associated costs are not taken into account. Please remember that investments can go up and down. Past performance is not necessarily indicative of future returns. Performance figures are not intended to be a forecast and The Motley Fool does not guarantee the performance of, or returns on any investment. Any money back guarantee is strictly limited to the subscription price paid for the product. Any and all advice contained in the above content is general advice that has not taken into account your personal circumstances. Please refer to our Financial Services Guide for more information or email us at [email protected] to request a copy.
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