We just endured an election “season” like no other. And true to brand for 2020, even long after the last ballots were cast, drama and uncertainty persist.
The backdrop continues to be a worsening pandemic and volatile financial markets that reflect the political and social climate in this country right now.
If you’re worried, you’re not alone. The good news is there are plenty of smart, safe investment opportunities for you today and heading into 2021.
In this special seven-minute video, I speak with Mike Larson, Editor of Safe Money Report, who believes “boring” stocks are the ones that do the most exciting things!
Mike explains:
Boring business models — companies that sell the products that go into our pantries, or under our sinks or that keep the lights on — give you that protection.
Not only do they have nicer dividend yields ... but they also have more defensive businesses; so, whereas COVID-19 has wreaked havoc on restaurants and industrials and banks, it certainly hasn’t had the same effect on home goods or food delivery services.
It hasn’t made us buy less Clorox wipes. It’s made us buy more. It certainly hasn’t made us buy less food for home. We’ve bought a lot more because restaurants have been shut. You can see that those types of defensive businesses and sectors have performed very well in this COVID-19 era.
In this insightful video, Mike also answers questions from readers, such as:
- Why “income-focused investing” remains a key, reliably profitable, strategy in a “Safe Money” portfolio.
- Which companies are “value traps” in evolving sectors.
- Why a second stimulus bill hasn’t been passed.
And more!
The information in this seven-minute segment couldn’t be timelier. I suggest you watch it now.
Happy investing!
Jessica Borg
Financial Anchor
Safe Money Report
