Balance.
That’s what’s required with investing if you’re in your fifties. You don’t want to be too aggressive. On the other hand, you don’t want to be too cautious. After all, you still have several years to go before you retire.
With this goal of balance in mind, three stocks appear to be smart picks right now for investors in their fifties: Pfizer (NYSE: PFE), Chevron (NYSE: CVX), and Facebook (NASDAQ: FB). Here’s why.