3 Stocks to Help You Build Retirement Wealth
The market made a lot of growth-oriented investors rich this year with multibagger returns, especially in the frothy tech sector, but many of those stocks could now be too hot for recent retirees to handle.
Instead of chasing growth, retirees should think of focusing more of their investment portfolio on stable companies that pay sustainable dividends and trade at reasonable valuations. Let's take a look at three reliable blue-chip stocks that will boost your retirement wealth while allowing you to sleep soundly at night.
Verizon (NYSE: VZ) is the largest wireless carrier in the U.S. It isn't a high-growth company, but it has a wide moat and a much simpler business model than its rival AT&T (NYSE: T), which is desperately trying to expand into a media giant.
Source Fool.com
