If your retired grandmother had modest means,yet wanted to invest in stock,which type of stock would you advise her to buy?

Question

Quizplus · Accepted Answer

Income stocks are typically issued by stable companies that pay consistent dividends, making them a good choice for retirees who want to generate regular income. They typically have lower volatility and a more consistent performance than growth or cyclical stocks, making them a safer choice for those with modest means. Blue chip and defensive stocks can also be good choices for retirees with low risk tolerance, but income stocks specifically focus on generating income through dividends.

If Your Retired Grandmother Had Modest Means,yet Wanted to Invest