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3 Stocks I’m Buying (June 2023)
Wow! The year is halfway over already. And what a year it’s been, at least in the financial sector. From banks failing to interest rates hitting 16-year highs, 2023 has been rough for investors.
My portfolio is actually down -16% year-to-date.
Mostly because of long-term core positions seeing major sell-offs.
Portfolio cornerstones like AbbVie, Archer-Daniels-Midland, and Realty Income have all fallen significantly over the past six months.
And while many newer portfolio additions are green (McDonald’s is up +14.68%, Church & Dwight is up +15.99%, Haleon is up +29.30%, Otis Worldwide is up +17.79%), these positions are much smaller than my core holdings.
Why bring this up?
Because I’m investing a little more conservatively this month.
And I’ll explain why below…
1. A High-Yield Savings Account
My biggest investment this month?
Putting money in my high-yield Capital One savings account.