Self -investing personal pension (SIPP) is a single vehicle used by many investors to try to build wealth in the long run.

Given the relevant time frameworks, it can be a successful strategy. For example, over a 20 -year time frame, the 3.6 % annual growth rate (CAGR) will be sufficient to double the SIPP value.

This is not far from the current average FTSE 100 Return of 3.4 %. Stock profits can be enhanced by the growth of stock prices, although low stock prices can negatively affect the annual central growth rate. Moreover, profit distributions are not guaranteed.

However, as part of the various SIPP, I think there are a lot of stocks that must be taken into account for investors who want to try to double the SIPP value in the long run.

Here are three of them.

British American tobacco

For beginners, British American tobacco (LSE: Bats) offers an attractive return of 6.5 %. Moreover, her profits grown annually for decades.

Whether he can continue to do this – or even keep profit distributions – it is a question that investors need to think seriously. The company not only has large debts, but the basic cigarette market continues to see poor demand for long -term.

However, while there are clear risks, I also think this high -return share has some clear attractions.

For beginners, while cigarette sales sizes are low, they are still large. Cheap to make it but very expensive to buy, it is a very profitable business space, thanks to its distinctive brands from the distinguished brands, and it is a British American capable of imposing distinguished prices.

Legal and public

Last Fetis 100 High -yields for SIPP investors to consider Legal and public (LSE: Lgin).

It aims to grow its profits for the share by 2 % annually. This growth is smaller than before, but it is still growing. To date, before increasing any possible future, the return stands by 8.5 %.

With a large target market and a fixed customer base, the Financial Services Company can benefit from its strong commercial brand as well as long market experience.

One of the risks I see is the sale of major American works. This may be good for a short -term cash generation but threatens to leave a hole in the profit and loss account in the coming years. We hope that growth in other areas is legal and public to fill it.

Bonzel

At 3.2 % return, packaging supplier Bonzel (LSE: BNZL) does not match 3.6 % mentioned perfect above. 26 % decrease in the share price during the past year does not seem promising.

Over the coming decades, I hope that the company can continue to grow its profits for the share every year. I also see the possibility of the share price.

The weak demand remains in the main markets and high costs eating in profit margins. But the installed Bunzl business model of obtaining companies to build a range, economies and become more attractive to global customers are still convincing in my opinion.

It is clear that the administration has a job to do, starting with the contrary to the decrease in revenues over the past two years. If it can correct the ship, I think the current Bunzl share looks like a possible deal. I recently added some Bunzl shares to SIPP.