“Valuation concerns have already crept into the market, some investors said, as defensive stocks that tend to post lower growth than companies like Amazon and Facebook have outperformed,” reports the WSJ. “The top five performing S&P 500 sectors the past three months are all defensive, Bank of America Merrill Lynch said in a recent note, including consumer staples, utilities and health care.”
Defensive stocks tend to be the ones paying dividends, and dividends are the backbone supporting our Retirement Compounders®.
E.J. Smith - Your Survival Guy
Latest posts by E.J. Smith - Your Survival Guy (see all)
- Stop America’s Zombie Apocalypse before It Starts - December 1, 2023
- Survive and Thrive November 2023: A Word or Two about Your Survival Guy’s Money - December 1, 2023
- Small Government Just Works - December 1, 2023
- Locking In a Generational Opportunity in Fixed Income - November 30, 2023
- RIP Charlie Munger: Keeping It Simple Never Goes out of Style - November 30, 2023