Hmm defensives vs. cash in the event of a market crash? I'm leaning toward the latter for optionality but def see the appeal of the former given how cheap
Indeed, agreed, defensive stocks will act as a buffer in equity portfolios but from an asset allocation standpoint I would say bonds are better for a deflationary/recession downturn or even commodities in the event of inflation resurgence
Hmm defensives vs. cash in the event of a market crash? I'm leaning toward the latter for optionality but def see the appeal of the former given how cheap
Indeed, agreed, defensive stocks will act as a buffer in equity portfolios but from an asset allocation standpoint I would say bonds are better for a deflationary/recession downturn or even commodities in the event of inflation resurgence