In Your 40s? You Might Want to Buy This Stock

If you're a 40-year-old investor, you're probably not planning on retiring for another 20 years or more. While that may be bit of a downer for those looking forward to the freedom that retirement can bring, the positive is that it gives you more than two decades to grow your investments as you prepare for the big day.

Yet if you're 40 or older, your risk appetite may not be what it was back in your 20s. You want growth, but you don't want to risk losing your shirt to get it.

Fortunately, there are some businesses that, thanks to their strong competitive advantages, offer an excellent combination of growth and relative safety. Read on to learn about one of the best.

Source: Fool.com