Got $3,000? 5 of the Safest Stocks to Buy for 2022
When the curtain closes on 2021 tomorrow, it'll assuredly go down as another above-average year for the widely followed S&P 500. With a gain of close to 26% through last weekend, the broad-based index had more than doubled-up its average annual total return of 11% over the past four decades.
Unfortunately, 2022 may not be as kind to Wall Street. History and multiple data points suggest that a stock market crash or a steep correction could be on the horizon.
Though every dip in the market is a buying opportunity for long-term investors, not every investor looks forward to those dips. If you're an investor who grimaces at the thought of market volatility, buying safe stocks is a good way to ensure you'll sleep well at night.
Source Fool.com