Retirees should be selective when picking dividend-paying stocks to own in their portfolios, and these five stocks may have what it takes to warrant stashing them away in income portfolios.
It's been shown that long-term investing outperforms short-term trading, and that dividend-paying stocks outperform their non-dividend-paying peers. Because of that, dividend-paying stocks can be perfect for retirees to own in their portfolios. However, not every dividend-paying stock is worth owning.
For example, some companies have a high-dividend yield because their businesses are faltering. To help retirees separate the good dividend-paying stocks from the bad, I scoured the dividend-paying universe of stocks, and came up with five investment ideas that may be worth including in retiree portfolios.
Continue reading at The Motley Fool to find out those five...