The key is to add some defensive shares that are comparatively immune to recessions and economic slowdowns. Look for a company which fulfills basic needs, such as food and health. The consumer demand for their products or services is likely to remain intact even during difficult economic times.
Investment in defensive stocks is considered relatively secure, less volatile and gives steady returns over long run. Plus, many pay dividends!
For more information on defensive stocks, check out the following:
And remember to check out some of our other Daily Investing Tips.
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