Blue Chip Stocks

Investing is inherently risky, but there are various steps you can take to mitigate that risk. One of these steps is to invest in blue chip stocks! Blue chip stocks are shares of large, established, and reliable firms that have performed consistently over a large period of time. These firms are often at the forefront of their respective industries.

Many are drawn to blue chip stocks due to their inherent advantages; for example, blue chip stocks are not volatile, meaning that their stock price does not fluctuate dramatically frequently. Additionally, most blue chips stocks pay dividends (a portion of profits paid to investors), making them even more appealing. Finally, blue chip stocks often have the ability to withstand economic downturns, unlike riskier investments. They are more stable in the long-term because of this.

What are some blue chip stocks you can think of? The Dollars to Scholars team has some ideas: Apple, Microsoft, IBM, Amazon, Coca-Cola, and AT&T. All of these companies are leaders in their respective industries, have been around for a long time, and are consistent performers. These stocks are not volatile, and have remained strong performers even in the midst of poor economic performances elsewhere. Additionally, some of these stocks even pay dividends!

Feel free to reach out to the Dollars to Scholars team with any questions or comments!