Here’s how to achieve a $1.3 million share portfolio

Investing shouldn’t be considered a ‘get rich quick’ scheme. If you’re still under that impression then I’m sorry to break it to you but it rarely is!

Rather, investing is the most sustainable ‘get seriously rich slowly’ strategy I know.

Wondering where to start?

Here’s a long-term strategy for wealth accumulation which could help you grow seriously rich…

By saving $400 each week for twenty years and investing those savings into carefully chosen stocks that can produce an annual compound return of 11% this long-term wealth accumulation strategy will result in you investing $416,000 into your portfolio and the portfolio creating another $919,419 via capital appreciation.

Ultimately, after just 20 years you will have created a portfolio valued at $1,335,419!

Of course picking stocks that will give you long-term double-digit returns is no easy task but just because it’s hard, doesn’t mean it’s impossible.

Consider the 10-year returns achieved from the following four widely owned companies…

  1. Global packaging business Amcor Limited (ASX: AMC) has produced a total shareholder return (TSR) of 14% per annum (pa).
  2. Hearing device manufacturer Cochlear Limited (ASX: COH) has achieved a TSR of 12.1% pa.
  3. Global private hospital operator Ramsay Health Care Limited (ASX: RHC) has provided shareholders with a TSR of 24.4% pa.
  4. Global retail, corporate and wholesale travel agency Flight Centre Travel Group Ltd (ASX: FLT) has achieved a TSR of 18.3% pa.

The future still looks bright

While it’s easy to identify top-performing stocks after the fact, it is of course much more difficult to accurately select the future’s top-performing stocks.

The above four companies all have international operations and opportunities which provide a long runway of future growth potential. As such, their future prospects remain bright.

Here's a true growth stock idea for your portfolio -- best of all, it's FREE. The Motley Fool's top analysts have just completed a brand-new free report on their top pick for 2015. Be among the first to get the name and code right now. (Hint: It's a sexy ASX tech company!) Simply click here for your FREE copy... BEFORE the investing crowd gets wind of this!

Motley Fool contributor Tim McArthur has no position in any stocks mentioned. Unless otherwise noted, the author does not have a position in any stocks mentioned by the author in the comments below. The Motley Fool Australia has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

Two New Stock Picks Every Month!

Not to alarm you, but you’re about to miss a very important event! Chief Investment Advisor Scott Phillips and his team at Motley Fool Share Advisor are about to reveal their latest official stock recommendation. The premium “buy alert” will be unveiled to members and you can be among the first to act on the tip.

Don’t let this opportunity pass you by – this is your chance to get in early!

Simply enter your email now to find out how you can get instant access.

By clicking this button, you agree to our Terms of Service and Privacy Policy. We will use your email address only to keep you informed about updates to our website and about other products and services we think might interest you. You can unsubscribe from Take Stock at anytime. Please refer to our Financial Services Guide (FSG) for more information.