The recession alarm bells are ringing loudly, and many are getting an eerie sense of déjà vu from 2007. Back then, the economic indicators suddenly turned blood red, catching many off guard despite the seemingly solid market fundamentals and macroeconomic landscape.
I believe it’s prudent to pivot towards more stable and profitable investments in times like these. Warren Buffett has been making such moves recently, and I think we should take a page out of his playbook. I recommend building a balanced portfolio with a mix of treasury bonds and carefully selected dividend stocks.
There are some incredibly stable dividend stocks out there offering solid yields in the high single digits. These cash cows are becoming increasingly attractive in the current environment due to their profitability, and they’ll look even more appealing as interest rates inevitably come down. Here are seven to look into…
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