If your investment goal is to build a solid cash stream for
retirement, then holding some quality dividend stocks in your portfolio is a
great idea.
In the dividend-paying segment of the market, one strategy
worth focusing on is buying what some traders may view as boring,
old-economy businesses, like consumer staples, key infrastructure providers,
and banks and insurance companies.
Owning these stocks makes economic sense as well, especially
for fixed-income investors looking ahead to the long-term. These publicly
traded players pay dividends through thick and thin—whether markets are bullish
or bearish and the economy is flourishing or struggling.
That's because their products and services are so crucial,
consumers can’t imagine life without them. This key quality has turned these
businesses into cash machines that never run out.
Here are our two top picks that offer great income potential
for retirees:
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