Americans despise Congress. Just look at the measly 11% approval rating for lawmakers right now.
And I surely don’t have to commiserate with you over why that’s so, or why the losers in Washington deserve our ire — Democrats and Republicans alike. After all, one thing investors of all political persuasions can agree upon is that the government shutdown and debt ceiling debacle is at risking lasting harm to portfolios.
So as we hunker down for more bluster from both sides of the aisle and the endless cycle of finger-pointing press conferences, stock market investors should also consider moving their money into stable stocks and low-risk investments that can withstand whatever comes their way in the next several months — and beyond.
Here are nine such stable investments to survive Congressional chaos: Universal Health Realty Trust (UHT), Public Service Enterprise (PEG), Clorox (CLX), Chevron (CVX), Amgen (AMGN), Consolidated Edison (ED), Dupont (DD), Procter & Gamble (PG) and Philip Morris (PM).