We are in a period of volatility with headline news creating huge swings in the markets on a weekly basis. The Volatility Index (VIX) has been up in the 30 range which usually means we should expect 2% swings regularly.
At times like this, the conservative investor, now more than ever has to take a value investing approach to their portfolio.
When stocks are being pressured lower by broader market moves, you want to find the high dividend paying, low PE reliable stocks you can tuck away for a few years and collect that fat dividends while you wait for the market to sort itself out.
Defensive plays like biotechs are always a favorite, LLY and PFE are two to consider.
Drop by the thread linked above to get some more information and book recommendations on value investing.
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