Excellent Solid Growth Stock for Retirees- Facebook

  Excellent Solid Growth Stock for Retirees- Facebook   In order to be affected by inflation as little as possible, all retirees should be exposed to some growth in their portfolios. The word inflation means that many retirees buy less than the stocks they can use with their savings in their portfolios. To that end, suggestions for growth stocks were received from some key contributors that they think would be wise to any retirement portfolio.  

Here is the stock that have gained importance recently: Facebook

You should not miss the opportunity that comes your way. If you're retired and heavily dependent on your investment portfolio for income, it's natural to want to be frugal and cautious. However, it should not be forgotten that even cautious retirees need to keep some of their portfolios in growth stocks. Of course, owning all fixed income holdings can reduce your risk of losing money, but on the other hand, it requires some risk to be considered in order to keep up with inflation.

Excellent Solid Growth Stock for Retirees- Facebook

Although there is no guarantee of detecting when a stock will lose or gain in value, it can often be detected when a company is going through a rough period that causes investors to lower the share price. Here in such cases when opportunities arise, it's time to to pounce. That's where Facebook FB (NASDAQ) $324,76 -3,77 (-%1,15) seems to be right now, which means it's a good time to add it to your retirement portfolio. What is known is that the social media giant has 3.51 billion monthly active users, including Instagram and What's App, as a family of applications, which shows great strength. CEO Mark Zuckerberg plans to build what he calls a "metaverse" (the future in virtual reality and augmented reality) that will leverage these technologies. It is trading around 15% below its all-time high reached in August. Looks like a very good time to add to the portfolio.  

Source: The Motley Fool

 

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