Your approach to picking stocks is pretty simple if you’re in your 70s. There are three basic rules.
The first two rules are the same as Warren Buffett’s two rules of investing:
Rule No. 1: Never lose money. Rule No. 2: Don’t forget rule No. 1.
Investors in their 70s will probably want to add rule No. 3: Receive a dependable income from dividends.
Your best way to abide by all three of these rules is to find stocks with solid business models built for the long run that pay out steady dividends. Three stocks that I think meet those criteria are....More>>>
