If You're in Your 50s, Consider Buying These 3 Stocks

If You're in Your 50s, Consider Buying These 3 Stocks

Back when I had a financial-services practice, it was common for my clients in their 50s to lean toward ultra-conservative investments such as investment-grade bonds. However, with five to 10 years until retirement, becoming overly conservative is wasting one of an investor's most valuable assets: time.

High-risk, high-reward ultra-growth stocks aren't a good alternative, but there are several stocks with solid growth prospects that make ideal conservative alternatives. Three stocks well worth a look if you're in your 50s are cloud data center leader Intel (NASDAQ: INTC), software design mainstay Adobe (NASDAQ: ADBE), and tech industry stalwart IBM (NYSE: IBM).

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Source: Fool.com