Worried About the Economy? 2 No-Brainer Buys to Shield Your Portfolio.
The Nasdaq Composite (NASDAQINDEX: ^IXIC) and the S&P 500 (SNPINDEX: ^GSPC) sank, shifting in and out of correction territory in the first quarter of the year for one big reason: investors have been worried about the economy. President Donald Trump is putting tariffs on imports, and economists predict this could lead to higher inflation and a slowdown in growth. Some have even mentioned the idea of a recession.These are words investors don't like to hear -- and you may even wonder if you should invest right now. The good news is, no matter what the economy does next, there are moves you can make today to prepare your portfolio. This includes choosing stocks that have what it takes to hold up during any economic environment. Healthcare companies, for example, may excel since people need their medicines or procedures regardless of the economic backdrop.By investing in these companies, you may limit declines in the near term and go on to score a win over the long run. If you're worried about the economy, check out these two no-brainer buys to shield your portfolio.Continue reading
The Nasdaq Composite (NASDAQINDEX: ^IXIC) and the S&P 500 (SNPINDEX: ^GSPC) sank, shifting in and out of correction territory in the first quarter of the year for one big reason: investors have been worried about the economy. President Donald Trump is putting tariffs on imports, and economists predict this could lead to higher inflation and a slowdown in growth. Some have even mentioned the idea of a recession.
These are words investors don't like to hear -- and you may even wonder if you should invest right now. The good news is, no matter what the economy does next, there are moves you can make today to prepare your portfolio. This includes choosing stocks that have what it takes to hold up during any economic environment. Healthcare companies, for example, may excel since people need their medicines or procedures regardless of the economic backdrop.
By investing in these companies, you may limit declines in the near term and go on to score a win over the long run. If you're worried about the economy, check out these two no-brainer buys to shield your portfolio.
