4 Reasons I Own Alphabet In My Retirement Portfolio

4 Reasons I Own Alphabet In My Retirement Portfolio

Posted On June 17, 2021 3:29 am

Hyper-growth blue chips that will one day likely pay dividends are a prudent addition to most diversified and prudently risk-managed retirement portfolios.

My Phoenix retirement portfolio is 26% growth stocks, allowing me to enjoy both relatively attractive yield and far superior growth to virtually any ETF or mutual fund.

GOOG is one of the highest quality hyper-growth blue chips on earth, in the top 20% of even the world’s premier quality companies.

Analysts expect it to grow 16% CAGR over time, 2X faster than the S&P 500. By 2030 GOOG’s mountain of cash will likely cause it to start paying a modest but rapidly growing dividend.

A handful of GOOG shares today could fund a rich retirement with dividends in a few decades. And over the next five years, analysts expect GOOG to more than double, even from modestly overvalued levels.

During future market downturns, I intend to aggressively add to my retirement portfolio’s position, and you might want to consider doing the same.

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Photo: “Retirement Account” by GotCredit is licensed under CC BY

About author

Dividend Sensei

I'm an Army veteran and former energy dividend writer for The Motley Fool. I'm a proud co-founder of Wide Moat Research, Dividend Kings, and the Intelligent Dividend Investor. My work can be found on Seeking Alpha, Dividend Kings, iREIT, and the Intelligent Dividend Investor. My goal is to help all people learn how to harness the awesome power of dividend growth investing to achieve their financial dreams and enrich their lives. With 24 years of investing experience, I've learned what works and more importantly, what doesn't, when it comes to building long-term wealth and income streams and achieving long-term financial goals.

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