“My Wealth Comes From a Combination of Living in America, Some Lucky Genes, and Compound Interest” – Warren Buffett
One of the world’s richest men in the past 3 decades, a man who makes more in a day than most do in a year, attributes his success to the free enterprise system (the U.S.), lucky genes (because he is modest), and compound interest (because that’s his religion).
Over the long-term, stocks have outperformed all other asset classes by a wide margin due to the power of rising dividends and the reinvestment of them in top-quality businesses.
It is presumed that 20 stocks are responsible for Warren’s great wealth, and they all meet certain criteria.
Wealth Research Group has titled these companies Wealth Stocks, and they make up the backbone of financial success over time.