Check out this article on stock investments. It advised people to put their money into defensive stocks during a recession.
This is good advice, but as with any brief article on this topic, certain things are kinda glossed over. For example, while it's probably a good idea to invest in these defensive stocks, this won't guarantee a payoff. Depending on where you are in the recession, for example, it may take a couple of years before you see the stock investments pay off. And of course, defensive stocks aren't absolutely safe. They simply entail lower risks than other stocks.
Saturday, October 10, 2009
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