Where To Invest $1,000 Right Now (Safe, Low-Risk Stock)

Today’s investors are spoiled for choice. There are numerous asset classes that you can expose yourself to. And even within just one asset class, there are a ton of choices.

Now, I’m a stock investor. Specifically, I invest in high-quality dividend growth stocks. These stocks represent equity in world-class enterprises that pay reliable, rising dividends to their shareholders. Those reliable, rising dividends are funded by reliable, rising profits.

However, even within just the dividend growth space, there are stocks all over the risk spectrum. Different stocks for different purposes. And today, I want to share with you a low-risk, long-term investment that could be worthy of your capital.

So if you have $1,000 to invest today, and you want to limit your risk, this is definitely an idea for you to consider.

A low-risk, high-quality dividend growth stock potentially worthy of a $1,000 investment right now is Johnson & Johnson (JNJ). Johnson & Johnson is one of my very favorite dividend growth stocks.

This company has quality oozing from every angle. And that’s why its dividend is so reliable. The company has one of the longest and most impressive dividend growth track records in the world.

Johnson & Johnson has increased its dividend for 59 consecutive years.

Even after almost 60 years into a growth cycle, this dividend is really just getting started in terms of its long-term growth potential.

Johnson & Johnson has been able to increase its dividend so consistently because it’s consistently increasing its revenue and earnings. Annual revenue has expanded from $65 billion to more than $82 billion over the last decade. Earnings per share compounded at an annual rate of more than 5% over that period. Now, they’re not going to knock you dead with growth, but this is a low-risk blue-chip business growing at a mid-single-digit rate while you sleep soundly at night.

This stock is also not a bad current income producer – it yields 2.5% here.

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Disclaimer: Please consult with a licensed investment professional before investing any of your money. Never invest in a security or idea featured on this channel unless you can afford to lose ...

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