The Enbridge head office building is in Toronto, Canada. The core of its business is one of North America’s largest energy pipeline networks.Meet energy company Enbridge, with a recent dividend yield of 7.7%, a 29-year streak of annual payout increases and an investment-grade balance sheet. It’s perfect for some, but not all, investors.That’s because Enbridge is built to be boring. The core of its business is one of North America’s largest energy pipeline networks.
You needn’t add any individual stocks to your portfolio unless you’re hoping to juice your returns via a stellar performer or two. But that’s far from guaranteed, and to invest in individual stocks successfully, you need to learn a lot about how to study and evaluate stocks and industries. — Interest rates often fall during a recession. This might serve you well if you’re looking to take on a mortgage, refinance debt or buy a car.— Inflation can lessen, too, resulting in lower-than-expected prices — another upside of a recession.
Whenever the next recession occurs, expect it to rattle you — but know that it’s not likely to last too long, and that if you’re prepared, you can ride it out successfully. Better still, if you’ve accumulated some extra cash, you may be able to buy some great stocks at a discount.Back in 1981, I invested in an Apple IIe computer. It was a bit cumbersome, but a wonder to use. My friends suggested I buy some stock in Apple.