7 Safe Investments for Seniors to Consider in 2022
It seems that investors are always on the hunt for the next 10x stocks, relying on long time horizons to deliver massive results. But if time isn’t on your side, these speculative bets may not be worth it. For older market participants, safety is much more important. That’s where safe investments for seniors to consider comes into focus. During an investor’s younger years, financial advisors typically recommend gearing portfolios toward higher-risk, higher-reward profiles. Should circumstances not pan out favorably, the younger investor has time as an asset. Unfortunately, the same cannot be said of older demographics. Here, the narrative zeroes in on safety and stability. Rather than attempting to acquire moonshots, retirees prefer to have money coming in with the occasional chance for capital gains. Therefore, safe investments for seniors to consider usually revolve around ideas with proven track records. For this list, I’ve compiled an eclectic series of publicly tradable assets. From individual stocks to mutual funds, these ideas could help foster a less-eventful retirement.
7 Safe Investments for Seniors to Consider in 2022
It seems that investors are always on the hunt for the next 10x stocks, relying on long time horizons to deliver massive results. But if time isn’t on your side, these speculative bets may not be worth it. For older market participants, safety is much more important. That’s where safe investments for seniors to consider comes into focus. During an investor’s younger years, financial advisors typically recommend gearing portfolios toward higher-risk, higher-reward profiles. Should circumstances not pan out favorably, the younger investor has time as an asset. Unfortunately, the same cannot be said of older demographics. Here, the narrative zeroes in on safety and stability. Rather than attempting to acquire moonshots, retirees prefer to have money coming in with the occasional chance for capital gains. Therefore, safe investments for seniors to consider usually revolve around ideas with proven track records. For this list, I’ve compiled an eclectic series of publicly tradable assets. From individual stocks to mutual funds, these ideas could help foster a less-eventful retirement.