EU Influence: Commission s Kafkaesque Kroes response — EU tech coup — Fashion statement – POLITICO politico.eu - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from politico.eu Daily Mail and Mail on Sunday newspapers.
Image source: Getty Images
Generating a recurring and stable income stream is one of the most overlooked aspects of investing. Many investors focus on growth stocks or choose investments solely on the size of their (often unsustainable) yields. Fortunately, there is a way to have both growth and income in a single package that provides a defensive monthly income stream.
Enter
Shaw Communications (TSX:SJR.B)(NYSE:SJR), which is the investment you need as part of your portfolio.
What Shaw offers, few can beat
Shaw is one of Canada’s Big Telecoms but is neither the largest nor the most well-known. Unlike some of its larger peers, Shaw is a pure-play telecom, without a media segment. Long-term investors may recall that Shaw once did have a large media segment, but that business was sold off to finance Shaw’s wireless segment.
Image source: Getty Images.
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.