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Where retirees invest their money in 2020? How can you make sure you pick great stocks this year? Here are my top 3 Canadian stocks for 2020.
Once we retire, we don't want to jeopardize our hard-earned money into high flying stocks. Retirees usually seek for a stable source of income stream. Therefore, dividend growth payers are great candidates for any retirement portfolios.
Retirement stocks must show a specific set of characteristics. Those companies must show a stable and predictable cash flow. Companies in the utilities or REITs sectors are usually preferred for that reason.