Top 10 Stocks for Your IRA: ExxonMobil
The following video is part of our "Motley Fool Conversations" series, in which analyst Jason Moser and advisor Charly Travers discuss topics around the investing world.
Jason and Charly are bringing you 10 stocks that you can buy and hold for the long term in your IRA to maximize its tax advantages. Every portfolio needs a little energy, but given the ever-changing landscape, investors need to be careful about what companies they buy as long-term holdings. ExxonMobil happens to fit the bill as the perfect long-term energy holding. With its truly global scale and diverse revenue streams, ExxonMobil continues to reward shareholders with its consistent and reliable dividends, coupled with value-creating share buybacks.
Data continues to show that people are chronic undersavers for retirement. We tend to underestimate how much we'll need and overestimate how much we'll make in later years. Don't be stuck putting off your retirement dreams just because you didn't read our special free report: "3 Stocks that Will Help You Retire Rich." The report won't be available forever, so we invite you to enjoy a free copy today. You can access it by clicking here.
At the time this article was published Charly Travers and Jason Moser have no positions in the stocks mentioned above. The Motley Fool owns shares of Apple and Ultra Petroleum.Motley Fool newsletter services recommendApple and Ultra Petroleum. Try any of our Foolish newsletter servicesfree for 30 days. We Fools don't all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.
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