If you're retired, you'll want to be especially picky about where you put your money. Some investment alternatives that might be fine for your children might not be so great for you. Ideally, you'd be best off with stocks of companies with solid business models, dependable dividends, and some potential for growth.
There are plenty of stocks that fit those criteria, but three especially stand out right now in my view. Here's why Bristol-Myers Squibb (NYSE:BMY), Iron Mountain (NYSE:IRM), and Wells Fargo (NYSE:WFC) are stocks for retirees to consider buying.
Source: Motley Fool
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- Warren Buffett's Two Investing Rules For Dividend Investors
- Dividend Stocks vs. Dividend ETFs
- Managing Risk With Dividend Stocks
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