7 Stocks That Get You Rich Slowly
0.98%April 17 | MyPlanIQ portfolio symbol P_35062

7 Stocks That Get You Rich Slowly

We have remarked how quickly the appetite for returns and the cost of risk has been replaced by a strong desire for safety, even at the cost of reduced returns. It seems that most asset classes have been impacted and while there are always opportunities for bargains, the rank and file, long term investor wants something less volatile.

Anand Chokkavelu, from the Motley Fool goes back to basics and points out seven stocks that can provide stability with reasonable returns. What stability and reasonable returns means has changed substantially over the past two quarters. He goes back to the blue chips that have done well and are likely to continue so being staples of life around most of the developed and emerging world.


His list:

• Coca-Cola (NYSE: KO) and PepsiCo (NYSE: PEP) -- A virtual beverage duopoly with global brand power
  
• Colgate-Palmolive (NYSE: CL) and Procter & Gamble (NYSE: PG) -- their brands cover kitchens, bathrooms and the laundry room.
• Johnson & Johnson (NYSE: JNJ) -- The one-stop "health-care mutual fund"
  
• McDonald's (NYSE: MCD) -- The Golden Arches is a model of consistency with worldwide presence
  
• Wal-Mart (NYSE: WMT) -- The preeminent one-stop-shop discount retailer

These leaders in the market are impacted by the ups and downs of the equity market but are large enough to not be caught up in full storm of panic buying and selling. In fact, they may even benefit from being perceived as a safe haven. In any case, these companies (which also have dividends to support short term income requirements) are worth considering as a bedrock of a long term portfolio.

We will compare these companies with our benchmark set of dividend ETFs that are well diversified.