Building generational wealth is what investing is all about.
Having your money work for you instead of the other way around is what we’re all trying to achieve.
It’s no wonder Albert Einstein called compound interest the eighth wonder of the world.
“He who understands it, earns it; he who doesn’t, pays it.”
Here’s a perfect example…
If I asked you whether you wanted $1,000,000 today or a penny today that doubles every day over the next 30 days, which would you choose?
Think about it for a second…
If you said the $1 million today, you would be shortchanged in just a month.
The penny will increase to $5,368,709.12 – over five times the $1 million sum – in just 30 days.
That’s the power of compounding right there – which is exactly what we’re trying to achieve with our generational stocks.
These are companies that have wide moats, excellent management, and long-term expected growth.
They can help you retire early, send your kids through college, and and achieve all your financial goals.
These businesses should be around for the next 30+ years. So, you should never worry about selling them.
Just buy them, hold them, and let them do all the work for you. They will compound your money over time.
And every time they drop 20% or more, buy some more.
Here are my top two stocks that you can buy now to build generational wealth…
The #2 Stock of This Generation
Since its inception in 2009, CEO Jack Dorsey and his team at Square Inc. (NYSE: SQ) have been on a mission to help the entire world (all 7.8 billion people) participate and thrive in the modern economy.
The company makes commerce easy with their in-store credit card readers. And it makes the economy more inclusive for everyone with its in-house payments and investing platform, the Cash App – introduced in 2015.
Cash App is the fastest growing digital wallet in the U.S. In just two years, from 2017 to 2019, monthly active users more than tripled from 7 million to 24 million.
Not only does the Cash App conveniently allow people to virtually send money to each other through their connected bank accounts for free, it also acts a commission free brokerage platform for trading full or fractional shares of stocks and Bitcoin.
If you can’t afford to buy one share of Amazon.com Inc. (NASDAQ: AMZN) for approximately $3,200 or one Bitcoin for $10,700, then you can use the Cash App to buy as little as $1 worth at a time – completely for free.
Cash App makes money by charging businesses to use their application and individual users transaction fees to access additional services. And in fiscal 2019, Cash App revenues jumped 157% year-over-year to $1.1 billion.
I’m projecting revenues will at least double again by the time fiscal 2020 is over. And the stock will run along with it.
After falling 55% with the market during the recent coronavirus correction, SQ stock has significantly outperformed…
Its run from $38 in mid-March to $180 today represents a gain of 373%, bringing it higher than its pre-pandemic levels of $85 per share.
The S&P 500 is only up 52% in the same timeframe.
The fundamentals with Square are strong as analysts are expecting Cash App users to top 40 million by the end of the 2020.
Combine that with the recent technical momentum, and it’s reasonable to assign a $360 price target to the stock.
That represents another money doubling gain.
Take a look at this photo, shot by the Mayo Clinic’s most elite researchers:
These two elderly mice are exactly the same age.
But as you can see…
The one on the left is graying and frail, as you’d expect an elderly mouse to be…
And the mouse on the right is strong, healthy, and showing none of the symptoms of aging.
How can this be possible?
The answer is simple:
Because of the groundbreaking new technology contained within this pill…
Which is undergoing human trials as we speak.
As you will see in this special presentation…
We’re about to witness the biggest medical breakthrough in history…
In fact, I believe that investors who set themselves up to profit from it could turn every $500 invested into as much as $1.5 million.