Colgate-Palmolive Stock: An Essential Core Holding In Your Portfolio

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You gotta love America—in this country, can you get rich by buying blocks of stock in a dish soap and toothpaste manufacturer, hold it for a long time and go about your life, reinvest the dividends, and get rich.

Check out this image of what would have happened if you bought $10,000 worth of Colgate-Palmolive stock twenty years ago, checked the reinvest button on your brokerage account (err…instructed your broker to reinvest the dividends back then), and let the wealth compound over time:

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