In few places does the phrase “hindsight is 20/20” apply as much as in the stock markets, where it’s easy to spot companies that could have made you a fortune well after it’s too late to do anything about it. Unfortunately for investors, identifying those companies before they’ve boomed is much more difficult.
Still, it’s worth remembering that there are few options better for growing your wealth than the stock market. Jumping onto the right economic trend means the potential to turn a few thousand dollars into a six-figure fortune that can solidify your child’s college education fund or help you secure a safe retirement.
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That’s especially true as the stock market crash and housing crisis of 2008 are fading further into the rear-view mirror. Stocks were only beginning to get back on the right track two full years later, in 2010, with 2020 marking a full decade of recovery. In that spirit, GOBankingRates identified the companies that — should you have been prescient enough to make a $10,000 investment in 2010 as the market was beginning its recovery from the wreckage — would have turned your investment into untold riches as the markets continued to recover over the following 10 years. See which investments could have made you big money.
Last updated: July 6, 2021
