Benchmark U.S. crude oil for May delivery fell 33 cents to $63.13 a barrel Friday. Brent crude oil for June delivery fell 17 cents to $66.77 a barrel.
Wholesale gasoline for May delivery fell 1 cent to $2.04 a gallon. May heating oil remained unchanged at $1.90 a gallon. May natural gas rose 2 cents to $2.68 per 1,000 cubic feet.
Gold for June delivery rose $13.40 to $1,780.20 an ounce. Silver for May delivery rose 15 cents to $26.11 an ounce and May copper fell 5 cents to $4.17 a pound.
The dollar rose to 108.79 Japanese yen from 108.66 yen. The euro rose to $1.1977 from $1.1975.
Featured Article: How Do Front-End Loads Impact an Investment?7 Forever Stocks That Are Never Bad to Buy
Investors thought 2021 would be a less volatile year. That narrative has run into some problems. Sure, all the major indexes are up for the year. And that’s despite the NASDAQ’s gut-wrenching 10% drop in March.
But many investors don’t feel much like celebrating. In fact, many are concerned about the liquidity that continues to be pumped into the stock market. In 2020, the pandemic flooded the economy with $6 trillion dollars of stimulus.
However, in the last few months, the Federal Reserve has introduced another $6 trillion into the economy. We would have stopped counting, but the math is pretty easy. It’s $12.3 trillion that has flooded into the economy.
Eventually, this is going to end badly. But timing the market is an imperfect science particularly when many investors are enjoying the game.
Fortunately, there’s a way to safeguard your portfolio without abandoning equities. That has to do with investing in forever stocks.
Forever stocks aren’t magic beans. They don’t go up forever. But they are stocks that have stood the test of time. And investing in these stocks will keep your portfolio heading in the right direction.
With that in mind, we’ve put together this special presentation that showcases seven of these forever stocks. These are all stocks that are household names, but that’s kind of the point. You don’t need special knowledge. You just have to recognize that these are companies that consistently do right by their shareholders.
View the "7 Forever Stocks That Are Never Bad to Buy"