Stock markets are taking a dive, with the S&P 500 slipping 5% from its peak and the NASDAQ falling 9%. The sudden drops, after weeks of fairly steady gains, brought the value of defensive investments into a sharper focus. Investors have just gotten a quick object lesson in a truth that should never be forgotten: stock markets can turn on a moment’s notice.The shift, whether a temporary correction or the start of a new cycle, makes the importance of protecting your portfolio clear. Defensive stocks have a better look, after all, in the wake of a market drop. And that …read more
Source:: Yahoo Finance
