Dividends4Life: In Your 70s? 3 Stocks You Might Want to Buy

In Your 70s? 3 Stocks You Might Want to Buy

Posted by D4L | Saturday, April 16, 2016 | | 0 comments »

As we get older, our financial needs change. When we're younger, growth is important. But as we leave the workforce and start to live off our nest eggs, safety and income start to take center stage. That's where Southern Company (NYSE:SO), Duke Energy (NYSE:DUK), and Emerson Electric (NYSE:EMR) come in. If you're in your 70s, these companies are the types of names you might want to buy.

Clearly, the desirability of a stock is in the eye of the beholder. If you're in your 70s, Southern, Duke, and Emerson Electric are three stocks you might want to buy. They provide a mix of dividend income and safety. The two utilities and their regulated businesses are the more boring, but Emerson shines when you consider it in the proper historical context.

Source: Motley Fool

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