In honor of Worldwide Invest Better Day, we at The Motley Fool are recapping our "13 Steps to Investing Foolishly" — steps you can follow to become a better, more Foolish investor.
In the following video, senior analyst and Foolish retirement pro Robert Brokamp goes through step No. 4: opening and funding your accounts.
Robert's use of Procter & Gamble's Crest toothpaste brand to illustrate the variety of different accounts available to investors is no coincidence. This dividend aristocrat has been a long-time favorite holding for investors shoring up for the long run. Not only has the company raised its dividend for 56 years, but shares have also appreciated more than 13,000% (after reinvesting dividends) over that same period.
Robert Brokamp and The Motley Fool have no positions in the stocks mentioned above. Motley Fool newsletter services recommend Procter & Gamble. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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