While the commonly subscribed to belief is that your portfolio should shift more heavily towards fixed-income investments and away from stocks the closer you get to retirement, the author of today’s article argues that this prevailing piece of investing wisdom is “based on a dangerous misconception.” In fact, he singles out bonds as being “the worst retirement investment you can own right now.” Why does he argue that shifting from stocks to fixed-income products is simply replacing one form of risk with its “silent – and deadlier – cousin”? What two strategies for building a safe all-stock retirement portfolio does he advocate? And what three specific stocks does he recommend for such a portfolio? CLICK HERE to find out.
The Case (And Strategies) For An All-Stock Retirement Portfolio
- by Bob Mitchell