GDP (gross domestic product) came in lower than ex
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Posted On: 06/29/2022 9:54:18 AM
GDP (gross domestic product) came in lower than expected this morning --- that is a sign or indication of contraction regarding the US economy. I suggest positioning one's portfolio for a cold winter (cold winter is a just another way of saying that things are going to get much worse for most investors).
If you are buying stocks, then look for strong earnings and minimum debt. If you can find a good safe dividend paying stock, then it would be a good idea to load up. Dividend paying stocks actually pay you just for owning them. The preservation of capital becomes all important during a recession. Best wishes to all --- I suggest we may need it for the next couple of years.
If you are buying stocks, then look for strong earnings and minimum debt. If you can find a good safe dividend paying stock, then it would be a good idea to load up. Dividend paying stocks actually pay you just for owning them. The preservation of capital becomes all important during a recession. Best wishes to all --- I suggest we may need it for the next couple of years.
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