As you age, your priorities may shift.
Therefore, it’s not surprising that investors who are in their 50s seek more certainty and stability as retirement looms.
Contrast this with investors in their 30s or 40s who may still make do with riskier growth stocks.
The 50s is a decade where passive income from dividends becomes all the more important as you prepare to transition to retirement.
Hence, there is a tendency to rely on companies that have been tried and tested and that have a track record of consistent dividend payments.
These may include dependable blue-chip companies and smaller but stable mid-cap businesses.
Here are four stocks that may be ideal for your portfolio when you hit this age bracket.
Venture Corporation Limited (SGX: V03)
Venture is a provider of technology products, services and solutions.
The group is a blue-chip contract manufacturer with a portfolio of more than 5,000 products and...