Skip to content

The Golden Years Portfolio: 3 Must-Own Stocks For Retirees

If you’re already retired, you must play the investment game differently than others. Your main priority should be to protect the assets you already have while also making sure you have enough passive income coming in to make your retirement days as comfortable as possible.

First, this doesn’t mean you should put all your money into the stock market. Even the safest stocks can crash in a downturn. I think it’s wise to have a good chunk of your money in bonds. They have high yields right now; once interest rates come down, they’ll be worth even more.

Nevertheless, stocks are still essential as reinvesting dividends, and capital gains can make them compound more efficiently in the long run. Let’s examine three retirement stocks that strike the perfect balance.

This post appeared first on InvestorPlace.