Investors hate uncertainty. And when the markets get volatile (as they frequently do), volatile price action can chase investors out of the market.
But if you have at least 5 to 10 years before you need to start cashing out your investments, getting out of stocks completely is almost always a bad decision. An alternative is to set aside part of your portfolio in defensive stocks.
Defensive stocks are those of companies that offer products and services that consumers need, even in times of uncertainty. When the market is moving up sharply, these stocks can underperform. However, the defensive nature of these stocks shines when growth stocks are under pressure.
Because these stocks often come from blue-chip companies, they often come with dividends. This provides you with passive income to spend or reinvest, and you can reap the benefits of compounding when you hold your investments over time.
In this special presentation, we're highlighting seven defensive stocks that are a good fit for an investor looking for solid long-term growth.
Click the "Continue to Slide #1" button to view the first company.
