It's impossible to choose investments for people based solely upon age. This is especially true for people in their 60s because this decade has traditionally been when most people transition into retirement, or at least make considerable changes in their work lives. In general, however, people in their 60s should favor relatively low-risk investments that provide solid total capital appreciation potential and good dividend income growth potential.
If you're in your 60s, you might consider investing in the following two stocks, both of which make solid foundations on which to build upon your stock portfolio. These rock-solid stocks have good growth potential and great track records of raising their dividends: American Water Works (NYSE:AWK) and Johnson & Johnson (NYSE:JNJ). Once you have a good base of cornerstone stocks like American Water Works and Johnson & Johnson, you can add other stocks that meet your individual needs to your portfolio. For instance, investors most concerned with current income could explore Realty Income Corp., a real estate investment trust (REIT) that focuses on retail occupancies that are stable. The stock has outperformed the market over the long term and pays a juicy dividend, currently yielding 4.4%. Investors most concerned with total capital appreciation who don't need any or much current income might explore Disney. The entertainment giant's stock sports a modest 1.45% dividend yield, but it has strong total capital appreciation potential and much room for dividend growth.
Source: Motley Fool
Related Articles:
- 9 Dividend Stocks For A Rainy Day
- 6 Dividend Growth Stocks With Strong Capital Appreciation
- 6 Higher Yielding Basic Materials Stocks With Growing Dividends
- 7 Dividend Growth Stocks That Could Make You Wealthy
- A Roadmap To Build Wealth With Dividend Stocks
In Your 60s? 2 Dividend Stocks You Might Want to Buy
Posted by D4L | Thursday, December 15, 2016 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
~
Popular Posts Last 30 Days
-
As a relatively new blogger, the one thing that has stood out in my mind is the number of Canadian bloggers in the areas that I am most inte...
-
Finding cheap dividend stocks is critical for another reason. By the time the Federal Reserve meets for the second time in 2023, the central...
-
In short, dividend-bearing stocks are one of the smartest approaches stock investors have available currently. The same is true in strong ec...
-
Investing in passive income can allow you to make money with minimal portfolio management. There are many types of investments to make passi...
-
As 2022 wraps up, many investors are likely looking for ways to position their portfolio for more macroeconomic uncertainty next year. After...
-
Most income-oriented investors focus almost exclusively on the current dividend yield of stocks to decide whether to purchase them. However,...
-
For most investors, the new year brings with it new opportunity. With all three major U.S. stock indexes falling into a bear market last yea...
-
Last year was brutal for the real estate investment trust (REIT) sector. Rising interest rates created two headwinds for the industry. They ...
-
With inflation appearing to have peaked and fears of a recession dimming somewhat, investors have some positive catalysts to look forward to...
-
Dividends drive significant returns for Berkshire Hathaway's portfolio. One common theme of Warren Buffett's Berkshire Hathaway is d...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.