NEE - 2 Stocks to Start Investing in 2020
The U.S. economy is likely headed toward a recession that would have seemed impossible just two months ago. No one can be sure how long it will last or how quickly it can be recovered from, but plenty of economic pain is on the horizon.
While it's probably safe to assume the worst is yet to come, individuals with a long-term mindset shouldn't obsess over attempting to time the market bottom. You'll likely fail and, in a wealth-building journey measured in decades, it won't matter all that much.
If you're looking to start investing in 2020, then consider buying dividend stocks such as NextEra Energy (NYSE: NEE) and Essential Utilities (NYSE: WTRG). They won't be completely spared by the coronavirus pandemic, but they can anchor any portfolio for the long haul.