Updated: April 14, 2018
Blue chip stocks are among the worst retirement investments you can make.
There are several blue-chip stocks that will actually cost you thousands of dollars each year. We’ll discuss three in a moment.
Sure, the financial media might lionize these stocks. But blue chips are simply big companies. When the term first came into being, it was simply an homage to the blue poker chip – at the time, the most valuable chip on the table. Before purples, oranges and grays began to grace the baize.
However, now the term comes with a boat load of perks – the simple assignment of the term “blue chip” is practically a buy recommendation.…