3 Retirement Stocks to Buy Right Now – and 6 to Avoid

With the Trump bump squeezing stocks higher, retirees (and near-retirees) are asking me two questions a lot these days: Is it still a good time to buy? And if so, what the heck should I buy? The answer to the first is, undoubtedly, yes. And it’s no secret what’s behind the second: according to FactSet, this market is trading at a forward price-to-earnings (P/E) ratio that hasn’t been seen in 13 years. Investors Double Down Source: FactSet No wonder folks are struggling with what to buy! One thing I recommend avoiding now is an index fund like the SPDR S&P 500 ETF (SPY). At that price—and with an anemic 1.9% trailing-twelve-month dividend yield—you’re just not getting enough income for the risk you’re taking on. ... Read more