
Ask 1000 successful investors and they’ll almost all say the same thing: diversify. In my case, while I occasionally trade high-risk, high-reward stocks like those in the AI sector, I also like stocks that offer a growing, stable income with some capital appreciation on the side. In short, those are stocks where I can simply buy and forget.
Some of the most compelling options for this investment strategy are found on the Dividend Aristocrats list. Aside from being S&P 500 listed and consistently increasing dividends for 25+ years, these companies are often leaders in their respective fields. Their business models are mature and time-tested, they have diversified revenue streams, and they have the cash to reward, and continue rewarding shareholders.