Volkswagen plans to close at least 3 German plants and cut thousands of jobs

If you retire with a $1 million portfolio, you can significantly influence your financial future, offering various options for income generation, such as withdrawing funds or investing in dividend-generating stocks. To reach this goal, focusing on quality growth stocks can enhance your potential for superior long-term returns. Want More Context? 🔎

The "Ten Titans" are the ten largest growth-focused components of the S&P 500 by market cap, including Nvidia, Microsoft, Apple, Amazon, Alphabet, Meta Platforms, Broadcom, Tesla, Oracle, and Netflix, which collectively account for 38% of the index. These companies significantly influence the overall market, even for investors who do not directly own their stocks. Want More Context? 🔎

Apple (NASDAQ: AAPL) has become a dominant global consumer brand due to the success of its products like the iPhone and MacBook, along with popular services such as Music and TV+. The company's impressive performance has resulted in substantial share price gains and regular quarterly dividends, with a focus on how many shares are needed to earn $10,000 in yearly dividends. Want More Context? 🔎

Building sustainable wealth in the stock market requires patience and discipline, particularly when investing in volatile growth stocks that drive innovation and market expansion. Investors are encouraged to consider three specific growth stocks for long-term holding despite potential short-term fluctuations. Want More Context? 🔎

Microsoft (NASDAQ: MSFT) and Shopify (NASDAQ: SHOP) have seen significant share price increases this year, with Microsoft up 20% and Shopify up 27%. Despite their gains, both companies still offer substantial upside potential and possess qualities of "forever stocks," indicating they remain strong investment options. Want More Context? 🔎

In the past year, stablecoins have emerged as potential disruptors of cross-border payment fees, impacting shares of Remitly Global (NASDAQ: RELY), which have fallen 30%. However, Remitly's recent announcement of the Remitly Wallet, allowing 8.5 million customers to hold stablecoins, could position the company to benefit from this trend rather than suffer from it. Want More Context? 🔎