Over 60? These 2 Dividend Stocks are a Better Bet Than T-Bills
The appetite for high-risk investments really increased following Donald Trumpâs presidential victory. Indeed, gold â a risk-off asset â took a hit while risk assets (most notably stocks and crypto) began heating up. Some high-growth tech stocks have been melting up lately, and hopes could stay high as investors hope for a Santa rally to come to town to help close off whatâs been an outstanding year for markets.nextstayCCSettingsOffArabicChineseEnglishFrenchGermanHindiPortugueseSpanishFont ColorwhiteFont Opacity100%Font Size100%Font FamilyArialText ShadownoneBackground ColorblackBackground Opacity50%Window ColorblackWindow Opacity0%WhiteBlackRedGreenBlueYellowMagentaCyan100%75%50%25%200%175%150%125%100%75%50%ArialGeorgiaGaramondCourier NewTahomaTimes New RomanTrebuchet MSVerdanaNoneRaisedDepressedUniformDrop ShadowWhiteBlackRedGreenBlueYellowMagentaCyan100%75%50%25%0%WhiteBlackRedGreenBlueYellowMagentaCyan100%75%50%25%0%If youâre over 60 and gearing up for retirement, chasing the risk-on assets may not be the best of ideas, especially as some notable figures on Wall Street take a slight step back. Notably, Warren Buffett has not shied away from taking some profits from his firmâs winning bets.Key Points About This ArticleT-Bills are great to hold, but there is such a thing as being too conservatively positioned.Solid, low-cost dividend plays like PFE and MCD are worth watching on the recent dip.If youâre looking for some stocks with huge potential, make sure to grab a free copy of ourbrand-new âThe Next NVIDIAâ report. It features a software stock weâre confident has 10X potential.Timing stock markets isnât a good idea, no matter your age.While Buffett believes that timing the market is âimpossibleâ and even âstupid,â itâs hard to ignore the Oracle of Omaha when he backs up the truck on risk-free assets. Though I donât view Buffett as a market timer, I do think his share sales speak to the lack of bargains out there today. With the Trump stock rally gaining speed, valuations have only gotten heftier in recent weeks.Now, thatâs not to say a steep market correction is around the corner. Remember that modest overvaluation or (over-) extended rallies do not necessarily mean itâs time to be an aggressive seller of stocks.Instead, being cautious with cheaper, more defensive dividend payers can prove wise, especially if youâre a retiree (or are almost one) who canât withstand extreme volatility the way a younger investor can..ntv-moap { position: relative; padding: 10px 0; background-color: #fff; border-top: 1px solid #ddd; border-bottom: 1px solid #ddd; overflow: hidden; margin: 20px auto; width: 100%; } .ntv-moap a { border-bottom: none !important; text-decoration: none !important; } .ntv-moap .ntv-img { position: relative; width: 42%; float: left; } .ntv-moap .ntv-img img { width: 100%; height: auto; } .ntv-moap .ntv-txt { padding-left: 10px; margin-left: 42%; line-height: 0; text-align: left !important; } .ntv-moap .ntv-disc { color: var(--slick-site-color, #777); text-transform: uppercase; font-size: 14px; line-height: 21px; font-weight: 700; } .ntv-moap h3 { font-size: 22px; line-height: 24px; font-weight: 700; text-transform: none; margin: 8px 0; color: #111; clear: none !important; } .ntv-moap .ntv-byline { font-size: 14px; line-height: 21px; font-weight: 700; color: #777; margin: 0; } .ntv-moap .ntv-img { line-height: 0; } .ntv-moap .ntvAdChoicesImg { position: absolute; top: 0; right: 0; width: 16px !important; height: 16px !important; z-index: 2; } @media screen and (max-width: 600px) { .ntv-moap .ntv-img { width: 100%; float: none; } .ntv-moap .ntv-txt { margin: 0; padding-left: 0; padding-top: 5px; } .ntv-moap h3 { font-size: 19px; margin: 4px 0; } } /* recipe section and sidebar */ .adthrive-recipe .ntv-moap .ntv-img, .adthrive-sidebar .ntv-moap .ntv-img { width: 100%; float: none; } .adthrive-recipe .ntv-moap .ntv-txt, .adthrive-sidebar .ntv-moap .ntv-txt { margin: 0; padding-left: 0; padding-top: 5px; } .adthrive-recipe .ntv-moap h3, .adthrive-sidebar .ntv-moap h3 { font-size: 19px; margin: 4px 0; } /* extra css to ensure iframe is hidden */ .ntv-moap + [id^="google_ads_iframe_"] { display: none !important; }Sponsored ContentStrategic Alternatives Podcast: RBC Experts on M&A, Healthcare, and MoreBy RBC Capital MarketsT-Bills are great in this environment. But dividend stocks may still be better for the long haul.While BuffettâsBerkshire Hathaway(NYSE:BRK-B) has been a heavy holder of U.S. Treasury Bills (T-Bills), Iâd not be surprised if heâs looking to put some of it to work on value stocks after his latest stock sales.Here are three intriguing dividend stocks that may be a better bet than T-Bills over the long term. Of course, no stock, no matter how steady, will be a T-Bill on the safety front.Undoubtedly, T-Bills are risk-free assets, and while they may not be the most bountiful of passive income investments, they are still worth holding in the most defensive parts of oneâs portfolio in case the market weather worsens..ntv-moap { position: relative; padding: 10px 0; background-color: #fff; border-top: 1px solid #ddd; border-bottom: 1px solid #ddd; overflow: hidden; margin: 20px auto; width: 100%; } .ntv-moap a { border-bottom: none !important; text-decoration: none !important; } .ntv-moap .ntv-img { position: relative; width: 42%; float: left; } .ntv-moap .ntv-img img { width: 100%; height: auto; } .ntv-moap .ntv-txt { padding-left: 10px; margin-left: 42%; line-height: 0; text-align: left !important; } .ntv-moap .ntv-disc { color: var(--slick-site-color, #777); text-transform: uppercase; font-size: 14px; line-height: 21px; font-weight: 700; } .ntv-moap h3 { font-size: 22px; line-height: 24px; font-weight: 700; text-transform: none; margin: 8px 0; color: #111; clear: none !important; } .ntv-moap .ntv-byline { font-size: 14px; line-height: 21px; font-weight: 700; color: #777; margin: 0; } .ntv-moap .ntv-img { line-height: 0; } .ntv-moap .ntvAdChoicesImg { position: absolute; top: 0; right: 0; width: 16px !important; height: 16px !important; z-index: 2; } @media screen and (max-width: 600px) { .ntv-moap .ntv-img { width: 100%; float: none; } .ntv-moap .ntv-txt { margin: 0; padding-left: 0; padding-top: 5px; } .ntv-moap h3 { font-size: 19px; margin: 4px 0; } } /* recipe section and sidebar */ .adthrive-recipe .ntv-moap .ntv-img, .adthrive-sidebar .ntv-moap .ntv-img { width: 100%; float: none; } .adthrive-recipe .ntv-moap .ntv-txt, .adthrive-sidebar .ntv-moap .ntv-txt { margin: 0; padding-left: 0; padding-top: 5px; } .adthrive-recipe .ntv-moap h3, .adthrive-sidebar .ntv-moap h3 { font-size: 19px; margin: 4px 0; } /* extra css to ensure iframe is hidden */ .ntv-moap + [id^="google_ads_iframe_"] { display: none !important; }Sponsored ContentStrategic Alternatives Podcast: RBC Experts on M&A, Healthcare, and MoreBy RBC Capital MarketsPfizerPfizer(NYSE:PFE) stock got slammed after President-elect Donald Trump picked Robert F. Kennedy Jr. for the job of secretary of the Department of Health and Human Services (HHS). Undoubtedly, the man we know as RFK Jr. is known by some to be a vaccine skeptic. For the major vaccine plays, like Pfizer, thatâs a heavy blow to the gut for a firm thatâs already in a really tough spot.The stock is now down more than 58% from its late 2021 all-time high. And the dividend yield, currently at 6.77%, could exceed the 7% mark as the shares plunge to new multi-year depths. Indeed, Pfizer is a falling knife, but it does have levers it can pull to turn the tide.While shares look to be entering the danger zone as they tank below $25 per share, I view them as more of a deep-value play at 8.3 times forward price-to-earnings (P/E). Though I wouldnât be too aggressive of a buyer here, I would certainly add the name to a watchlist on this latest dip.McDonaldâsMcDonaldâs(NYSE:MCD) isnât risk-free; that much is clear following the recent E.Coli scare, which, I believe, has already run its course on the stock. The company reportedly invested $100 million to get back on its feet after the E.Coli outbreak. As the company shifts gears from crisis mode and back to winning the value menu wars, I do view MCD stock as a fantastic place to park (and grow) oneâs wealth.The stock is still down just over 8% from its all-time highs, thanks to an E.Coli outbreak that I think is now well behind the firm. At 25.6 times trailing P/E, with a nice 2.42% dividend yield, investors over 60 may wish to watch the name very closely as it flirts with a correction (10% drop).At the end of the day, McDonaldâs is one of the best defensive dividend plays to hold if you have any doubts about the economy."The Next NVIDIA" Could Change Your LifeNVIDIA has returned 250-fold in the past 10 years as artificial intelligence took off.But if you missed out on NVIDIA's historic run, your chance to see life-changing profits from AI isn't over.The 24/7 Wall Street Analyst who first called NVIDIA's AI-fueled rise in 2009 just published a brand-new research report named "The Next NVIDIA".The report outlines key breakthroughs in AI and the stocks ready to dominate the next wave of growth. The report is absolutely free. Simply enter your email belowGet Report Now » It's Free Thanks! We will redirect you shortly to the free report! 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