Found: 3 Stocks Retirees Should Consider Adding

Found: 3 Stocks Retirees Should Consider Adding

Stocks go up, stocks go down -- and this kind of volatility can be worrisome for retirees on a fixed income. Just because a stock has gone up a lot, though, doesn't mean it's too late to buy it -- and just because a stock has gone down a lot doesn't mean you should throw in the towel and sell.

The fact is, retirees shouldn't focus too much on where a stock has been, but instead where it is right now and whether it looks like a bargain at the time you're considering buying it. If it does, then that's a stock you should consider adding to your portfolio, full stop.

Here are three stocks some of our favorite Foolish investors think you should be thinking about buying: Kroger (NYSE: KR), Kohl's (NYSE: KSS), and Microsoft (NASDAQ: MSFT).

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Source: Fool.com