Places to Hide in a Stock Market Crash: Consumer Staples ETFs
Crash or no crash, good times or bad, rain or shine, come hell or high water (you get the point), there are some things that people just have to do, and products that we have to have. These essentials are what Wall Street calls consumer staples. And when things get really tough economically, people will still need to brush their teeth, take showers and do laundry.
And, smokers will still need tobacco.
That means companies like The Procter & Gamble Co (NYSE:PG), Nestlé S.A. (OTCMKTS:NSRGF) and Altria Group, Inc. (NYSE:MO) will still sell a whole lot of product. And while you can own these individual names, perhaps a better way to own these and many other consumer staples is via ETFs.