Trying to time the next market collapse is a foolhardy endeavor. Nevertheless, prudent investors should probably consider getting more defensive as exuberance and excitement ratchet up on Wall Street. The bull market is already very long in the tooth and there are any number of scenarios that could send the economy, and the markets, into another tailspin. Investors who are primarily concerned with capital preservation may want to consider rotating out of more cyclical sectors and into high-quality, defensive stocks that pay a healthy dividend.
Ryan Glosier has no position in any stocks mentioned. The Motley Fool recommends McDonald’s. The Motley Fool owns shares of McDonald’s.
The article These Stocks Could Keep You From Going Broke During the Next Market Crash originally appeared on Fool.com.
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