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Investing despite of recessions
I started my investment career just after the Asian Financial crisis in 1997 and just before the emerging markets crisis began in 1998 sparked by a Russian default on its debt and
SJW Group: Recessions Are Like Water Under The Bridge
Summary
- When you're worried about a recession, you move up to the top of the food chain. Invest in companies that offer something you literally cannot live without.
- This company has outperformed the S&P 500 for as far back as data on Seeking Alpha allows and beaten the market during two of the last three recessions too.
- Buy SJW to support your portfolio in good times and bad. It's been around the block for over a century. Dividend Kings are rare, and SJW is one of them.
I'm an optimist. I look forward to a brighter future. As the world evolves so must our investment style. Opportunities are everywhere but having the right mindset, being humble and having a can do, never stop learning attitude is critical to success. We can beat the market but it's likely to come with more volatility. I'm ok with that, I have a plan. Opinions are my own and are not financial or stock advice.
Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in SJW over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.