If You're Retired, Consider Buying These 2 Stocks

Retirement generally means shifting from building your nest egg to living off of your nest egg, which alters the way you have to think about investing. So, if you are retired, you'll likely want to own relatively low-risk stocks that pay generous dividends. Here are two that you should consider today, even though they are in out-of-favor sectors.

Owning property in the age of COVID-19 is difficult, with some real estate investment trust (REIT) sectors getting hit particularly hard (think retail assets). That's why W.P. Carey (NYSE: WPC) stands out. It is one of the most diversified REITs that investors can buy. The landlord's portfolio is spread across industrial (24% of rent), office (23%), warehouse (22%), retail (17%), self storage (5%), and other (the rest). It also generates around a third of its rent roll from Europe. 

Image source: Getty Images

Continue reading

Source Fool.com