3 Dividend Stocks to Recession-Proof Your Portfolio
The old saying that the best defense is a good offense applies as much to investing as it does to football and military endeavors. Given the high potential for the economy to slip into a recession early next year, investors need a different playbook than they've used for the past decade or so.
From the end of the Great Recession to the end of 2021, the broad-based S&P 500 index rocketed 600% higher, but the tech-heavy Nasdaq-100 did even better, returning some 1,250% over that time frame. But the Nasdaq index is down 27% this year and 2023 might not be much better.
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Source Fool.com
