There are stocks suitable for every stage of your life, whether you just started work or are saddled with responsibilities to both your kids and your parents.
As you grow older and approach your retirement age, you seek different requirements from the stocks you own.
A key consideration is business stability and certainty as you will not want to witness the business crumbling when it encounters difficulties.
With this in mind, blue-chip stocks and recession-resistant companies should factor highly into your consideration.
In addition, you’d want to look for a steady source of passive income in the form of dividends.
These dividends will help to sustain your lifestyle as you enjoy your golden years.
Here are four stocks that are suitable for your portfolio should you choose to retire.
DBS Group (SGX: D05)
Singapore’s largest bank, DBS Group, offers a comprehensive range of banking and investment services to both individuals and corporations....