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The market is full of volatility at the moment. Apart from the ongoing global pandemic, there are other events adding to overall market volatility. In recent weeks, that volatility has been fueled by short-sellers. To limit that volatility, adding one or more necessary defensive investments is always a good idea.
Here are two necessary defensive investments to consider for your long-term portfolio.
Power up your portfolio
Fortis(TSX:FTS)(NYSE:FTS) is a name that should be familiar to nearly all long-term investors. The company is one of the largest utilities on the continent, with operating regions spanning through Canada, the U.S., and the Caribbean.