Dependable passive income is real. You just have to know where to look
Coca-Cola is a classic example of a recession-resistant business. Whether the economy is booming or struggling, a can of Coke is affordable for most people.
More impressively, Coca-Cola has increased its dividend for 60 consecutive years. The stock currently yields 2.8 per cent. Many of the company’s consumer health brands — such as Tylenol, Band-Aid, and Listerine — are household names. In total, JNJ has 29 products each capable of generating over $1 billion USD in annual sales.
That streak is a testament to its entrenched position in the consumer staples market. P&G has a portfolio of trusted brands like Bounty paper towels, Crest toothpaste, Gillette razor blades and Tide detergent. Jefferies analyst Kevin Grundy has a ‘buy’ rating on Procter & Gamble and recently raised his price target from $149 to $164 USD . That implies a potential upside of 12 per cent.Stocks can be volatile, cryptos make big swings to either side, and even gold is not immune to the market’s ups and downs.
And it’s becoming a popular way to diversify because it’s a real physical asset with little correlation to the stock market.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Holiday Gifts at the Top of Everyone's List 2022 / 2023 » Fashion AllureIt comes every year, but Christmas never seems to get easier to shop for. To make your holiday shopping experience easier, we’ve narrowed our guide down by personality type so you can pick a present that tailors to everyone’s tastes.
Read more »
Twitter bans accounts of several journalists from top news organizations without explanationThe bans raised a number of questions about the future of the platform, which has been referred to as a digital town square. It also called into serious question Musk's supposed commitment to free speech.
Read more »
Fox News Digital beats the competition as November's top news brand in multiplatform minutes, viewsFox News Digital beat legacy media giants like CNN and The New York Times in multiplatform minutes and multiplatform views during the month of November.
Read more »
Poland’s top cop hospitalized after grenade launcher gifted by Ukraine explodesPoland’s police chief was hospitalized after a grenade launcher he was gifted from a Ukrainian official exploded Wednesday, a report said.
Read more »
Harvard names new president, first Black woman to hold top jobHarvard University on Thursday named Claudine Gay, the school's dean of Faculty Arts and Sciences, as its 30th president, the first Black person and only the second woman to hold the job.
Read more »