The Best Stocks to Invest $20,000 in Right Now
Warren Buffett thinks that near-term economic and market forecasts are "worse than useless." Maybe he's right. But many investors (including yours truly) just can't help themselves: We still try to guess what might happen in the coming months.
I tell you that because my near-term thinking weighs quite heavily on which stocks I like the most right now. My hunch is that the U.S. economy is headed for a mild recession. I'm not alone in that view; the Federal Reserve expects one, too.
Like most investors who aren't billionaires with the surname Buffett, I don't like to see the stocks I buy go down. That's why if I were to invest $20,000 in stocks right now, I would focus on companies that are practically recession-proof and have great long-term prospects. Here are the three best stocks meeting those criteria.
Source Fool.com
