Worried About a Stock Market Crash? Buy These Recession-Proof Dividend Stocks
Volatility in the stock market peaked this year, but we may not be done yet. Several factors point at an imminent stock market crash, and the very thought is enough to make investors jittery. However, instead of panicking, it's time you prepare yourself and recession-proof your portfolio by adding some stocks that can withstand the storm.
How about buying some dividend stocks that can pay out stable dividends? This way, you can earn some passive income even during a recession. If that sounds like a great idea, check out these three top recession-resilient dividend stocks right away.
NextEra Energy (NYSE: NEE) is an incredible dividend stock to own at all times, as it offers the stability that comes with utility stocks -- much sought after during a recession -- as well as solid growth potential to power up your portfolio.
Source Fool.com