3 Monster High-Yield Stocks to Hold for the Next 10 Years
The average time a Wall Street investor holds a stock has shortened dramatically over the decades. At this point, buying and holding a stock for 10 years is a virtual eternity. But there's a benefit to being a small investor because you can hold for that long and you don't have to worry about anyone breathing down your neck about the performance of the stocks you own.You can buy boring but reliable high-yield stocks like Realty Income (NYSE: O). Or dividend growth stocks with an income payoff that builds over time, such as Brookfield Asset Management (NYSE: BAM). Or even down-on-their-luck Dividend Kings like Target (NYSE: TGT) that are working on business turnarounds that will play out over years and not days. All three of these high yielders are worth close attention today.Realty Income is the largest net lease real estate investment trust (REIT). It owns single-tenant properties for which the tenants are responsible for most property-level operating costs. It owns over 15,600 properties, so it has an extremely large portfolio that spans across retail and industrial assets across North America and Europe. This is good and bad at the same time. To get the bad out of the way right up front, Realty Income is a tortoise of a business because it takes so much investment activity to move the needle on the top and bottom lines.Continue reading
The average time a Wall Street investor holds a stock has shortened dramatically over the decades. At this point, buying and holding a stock for 10 years is a virtual eternity. But there's a benefit to being a small investor because you can hold for that long and you don't have to worry about anyone breathing down your neck about the performance of the stocks you own.
You can buy boring but reliable high-yield stocks like Realty Income (NYSE: O). Or dividend growth stocks with an income payoff that builds over time, such as Brookfield Asset Management (NYSE: BAM). Or even down-on-their-luck Dividend Kings like Target (NYSE: TGT) that are working on business turnarounds that will play out over years and not days. All three of these high yielders are worth close attention today.
Realty Income is the largest net lease real estate investment trust (REIT). It owns single-tenant properties for which the tenants are responsible for most property-level operating costs. It owns over 15,600 properties, so it has an extremely large portfolio that spans across retail and industrial assets across North America and Europe. This is good and bad at the same time. To get the bad out of the way right up front, Realty Income is a tortoise of a business because it takes so much investment activity to move the needle on the top and bottom lines.
