Cliff retired 10 years ago and wants to still own a few stocks. Dividends are important to him, and he wants to invest in a large, stable corporation. He should purchase _______ stocks.

Question

Quizplus · Accepted Answer

Blue chip stocks refer to well-established companies that have a long history of stable earnings and consistent dividend payments. These stocks are generally considered to be safe and low-risk investments. Therefore, a retiree like Cliff who prioritizes dividend income and stability would benefit the most from investing in blue chip stocks.

Cliff Retired 10 Years Ago and Wants to Still Own