Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

3 Great Stocks for Your IRA

For most of us, buying stocks for an individual retirement account (IRA) starts with having a long-term mindset. Investors need retirement stocks that not only remain safe but have also placed


For most of us, buying stocks for an individual retirement account (IRA) starts with having a long-term mindset. Investors need retirement stocks that not only remain safe but have also placed themselves in a position for growth.

The consumer climate is always changing. Hence, investors cannot afford to take a "set it and forget it" approach to any stock. However, not all stocks have obvious threats to their business. Some may also generate significant amounts of dividend income that stockholders can reinvest. More importantly, they hold the growth potential to realistically fund a prosperous retirement in a shareholder's later years.

To this end, Altria (NYSE: MO), Innovative Industrial Properties (NYSE: IIPR), and Verizon (NYSE: VZ) could make suitable stocks to invest your IRA funds in due to their risk profile and potential to generate both growth and income. Let's find out a bit more about these three companies and why they might be suitable.

Continue reading


Source Fool.com

Like: 0
MO
Share

Comments

You may not comment on this article as you either did not confirm your account yet or were blocked. If you think this is a mistake please contact us. Show more