Dec 17, 2020

Moving into 2021, market analysts see reasons why stocks can go up--rather decisively--or not. Vaccines may put COVID in the rear view mirror and government stimulus is likely on the way. Still, for retired investors, staying 100% on offense is not wise.  A class of stocks known as "Defensive stocks" may offer the benefits of long-term gains with lower risk.  During major crashes, the best defensive stocks keep paying YOU steady,  increasing dividends, even if the share price is falling. Market declines should be expected as part of the normal business cycle. Therefore, your financial plan should not be set up solely for upward growth. It must have an increasing element of protection the older you get. You don’t want to go backwards in your 60s or 70s. Today, we'll identify some top defensive stock, then  Steve will outline a strategy for 2021. You don't want to miss TODAY'S show.....MASTERING MONEY is on the air!!!!!