đđđI have invested in
$Consumer Staples Select Sector SPDR Fund(XLP)$ primarily to protect my capital and secure a stable dividend income. This is especially relevant now that hyper growth tech stocks face volatile valuation resets.
The Consumer Staples sector represents the core foundation of daily life. Consumers need to buy groceries, basic medicine, household essentials whether the economy is good or bad.
This need creates a support for XLP's core holdings like $Wal-Mart(WMT)$ $Costco(COST)$ and $Procter & Gamble(PG)$ .
With a low expense ratio of just 0.08%, XLP is a great way to ride the current volatility in the market. It also rewards me with a nice juicy dividend yield of 2.6% every 3 months.
Investing can be so simple with XLP ETF.
@Tiger_comments @Tiger_SG @TigerStars
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments