It’s amazing how much wealth you can generate if you hold on to the right stock over many years.
Compounding is one of the wonders of investing that you rely on to grow your wealth if you have patience and discipline.
We demonstrated this logic with United Overseas Bank Ltd (SGX: U11) and found out that you can garner a total return of 113.3% over 10 years.
If you had done the same with Haw Par Corporation Limited (SGX: H02), which owns the Tiger Balm brand, your returns will be been even more impressive at 177% over a decade.
This feat isn’t limited to just blue-chip banks or conglomerates, though.
It is possible to repeat the same achievement with REITs, too.
One great example is Parkway Life REIT (SGX: C2PU).
The healthcare REIT has increased its core dividend consistently and without fail since its IPO in 2006.
Let’s take a look at how much you will have if you parked...