If the Stock Market Continues Sinking, Here's How I'd Invest My Next $500
The stock market is having a rough start to the year. The S&P 500 is down about 15% from its recent peak. Many stocks have fallen even more. I try to view stock market sell-offs like this as opportunities to deploy some of my available cash into high-quality stocks when they're cheaper. I'm currently building a list of stocks I'd like to buy if the market continues declining. Topping that list are NextEra Energy (NYSE: NEE), Broadcom (NASDAQ: AVGO), and Invitation Homes (NYSE: INVH). I plan to invest another $500 across that trio if their shares fall a bit further. NextEra Energy is a leading utility. It operates FPL, the country's largest electric utility in Florida. Meanwhile, its energy resources segment is one of the world's largest renewable energy producers. These businesses generate very stable cash flow. Continue reading
The stock market is having a rough start to the year. The S&P 500 is down about 15% from its recent peak. Many stocks have fallen even more.
I try to view stock market sell-offs like this as opportunities to deploy some of my available cash into high-quality stocks when they're cheaper. I'm currently building a list of stocks I'd like to buy if the market continues declining. Topping that list are NextEra Energy (NYSE: NEE), Broadcom (NASDAQ: AVGO), and Invitation Homes (NYSE: INVH). I plan to invest another $500 across that trio if their shares fall a bit further.
NextEra Energy is a leading utility. It operates FPL, the country's largest electric utility in Florida. Meanwhile, its energy resources segment is one of the world's largest renewable energy producers. These businesses generate very stable cash flow.
