This past year has been challenging for a variety of reasons, but one of the bright spots is that lots of Americans are gaining an interest in investing in the stock market. Last spring, many of the major brokerage firms — including Charles Schwab, TD Ameritrade, Robinhood, and E*Trade — saw a combined 170% increase in new accounts over the first quarter.
While investing is a fantastic way to build wealth, it does require a strategy. If you’re new to the stock market, it can be daunting to figure out where to invest. Especially with some experts predicting another crash is on the way, you’ll want to be sure you’re investing in stocks that can weather the storm.
Although you can’t eliminate risk entirely when investing, these three investments are some of your safest bets.