12 Dividend Stocks You Must Own Regardless of Age

It is well known that asset allocation is the most fundamental aspect of financial planning. The investments of say, a sophomore in high school, a college graduate, a middle-aged couple with two children, or a retired couple with no dependents but is looking to leave behind a small fortune, should look very, very different from each other. By asset allocation I am referring to how your portfolio is divided into cash, bonds, stocks, possibly commodities, and eventually homes; each carrying a varying level of significance depending on your age and needs. Americans under 30 prefer to keep a lot in cash as the mainstream media has drilled the phrase disposable income into our heads as something that needs to be spent, since it's good for the economy. If this group's childhood was anything like my own, they were probably given a great deal of savings bonds over the years and... Read more