Invest $250,000 in ASML, Arm Holdings, and The Trade Desk for potential millionaire retirement
From Nasdaq: 2024-10-13 05:03:00
A recent CNBC survey found that only 16% of retirees have a $1 million nest egg, counting all assets. Investing in the stock market, particularly index funds like those tracking the S&P 500, is a safe way to build wealth. Choosing individual tech stocks with potential for growth, like ASML, Arm Holdings, and The Trade Desk, could help make you a millionaire in retirement.
ASML is a leader in lithography equipment for semiconductor manufacturing, with unique technology and a stable position in the market. Arm Holdings licenses technology for energy-efficient chips, positioning it well for growth. The Trade Desk is a key player in digital advertising, with a track record of outperformance and innovative AI platforms. Investing in these tech stocks could lead to significant returns over the next decade.
Consideration of stock investments like ASML, Arm Holdings, and The Trade Desk should be guided by expert advice, like that provided by the Motley Fool Stock Advisor. This service has a history of recommending high-performing stocks that outpace the market, providing investors with a clear path to success and potentially lucrative returns.
Read more at Nasdaq: Want a $1 Million Nest Egg by Retirement? Invest $250,000 in These 3 Stocks and Wait a Decade.