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How To Invest For 2023…
Next year’s economic forecasts look dismal. Inflation is soaring, home prices are crumbling, big corporations are laying off staff. And even billionaires like Jeff Bezos, and FedEx CEO Raj Subramaniam are sounding the alarm about a global recession.
To make matters worse, most stocks are still expensive.
A lot of businesses are facing economic risks that outweigh their potential upside. Many dividend stocks, for example, are yielding 2–3%. The same returns you can get through a Capital One or CIT savings account.
Except your bank account is FDIC insured, and the balance won’t tank — like a stock would during a recession.
The current investing environment is frustrating and weird.
Which is why I’m sharing three safe plays for 2023. These are some of the best investments you can make, and there’s little to no risk with any of them.
Stock Up On Things You Know You’ll Use
Inflation drives prices up and quantities down.
That bodywash you typically buy for $1.00 is now $1.25. And, there’s 10% less in every bottle now.
Same goes for toothpaste, potato chips, soda, etc…
