Invest in These ETFs to Prepare Your Portfolio for a Recession
Being prepared is important
The latest financial data, and the lack of confidence from management through earnings so far, points to the growing possibility that the U.S. economy could fall into a recession. With that being said, you want your portfolio to be prepared to keep you from losing huge sums of money.
In today's video, I am going to touch on some key steps and investments to make to prepare your portfolio for a recession. Diversification is key, and the easiest way to diversify your portfolio is through the use of ETFs. A defensive ETF could be the Select Sector SPDR Health Care ETF (NYSEMKT: XLV).
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