Retirement brings in a number of challenges, including the replacement of income that seniors earn during their service life. And it is difficult to cover expenses from the traditional approaches to retirement planning, which include investment in fixed-income assets.
Therefore, we believe equity investments are a brilliant way to create solid income streams for the long run. Though these are riskier, equities are the only asset class that can beat inflation and simultaneously offer capital appreciation over a longer period.
Tech Stocks are the Best Picks
Tech stocks could be an intriguing choice for a retirement portfolio, considering the sector’s resiliency amid the coronavirus-induced panic sell-off in March. The coronavirus outbreak has, surprisingly, opened up newer avenues of growth for tech companies.
Shift in consumer preference for Internet-based services, owing to the increase in social-distancing practices, has propelled demand for PCs, notebooks and peripheral accessories. In addition, the growing demand