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Defensive stocks

Chart Forum » Stocks - ASX: long term & fundamental » Defensive stocks

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colin_twiggs
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Username: colin_twiggs

Post Number: 3280
Registered: 09-2002

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Wednesday, December 03, 2008 - 01:08 pm:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



I received this question from a reader:
Pretend for a moment that the US dollar collapses..and silver and gold go down too...where could you put your money?

If the dollar collapses gold will rise. But if something crazy happens and they both fall, the safest place is going to be real assets with secure income streams. In the stock market I would be looking at utilities, food retailers, health care, with secure franchises such as Woolworths, Metcash, etc.

I would welcome further suggestions. If there is sufficient interest perhaps we could create a watchlist of defensive stocks for each market.

Regards,
Colin

(Message edited by colin_twiggs on December 03, 2008)

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