Dividends4Life: I've Put My Money On This Dividend Stock

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I've Put My Money On This Dividend Stock

Posted by D4L | Monday, June 04, 2012 | | 0 comments »

Last summer, I pledged to put at least $4,000 of my own money behind 10 stocks. My goal was to build the World's Greatest Retirement Portfolio. So far, the results have been outstanding. The $40,000 invested has returned $8,440 -- while an investment in the S&P 500 would have returned only $1,080 -- an outperformance of more than 18 percentage points!

Today, I'm going to tell you why PriceSmart (Nasdaq: PSMT) deserves a spot in any retirement portfolio. Below, I'll explain two key components to focus on for the stores. At the end, I'll offer you access to a special free report that has three more ideas for the perfect retirement portfolio. PriceSmart is a near-clone of Costco (Nasdaq: COST ) , operating in Latin America instead of the United States. Former Costco CEO Jim Sinegal actually learned everything he knows from Sol Price, and the company was formerly a part of Costco's corporate structure.

Source: Motley Fool

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