The Illusion of Safety in the Stock Market
The recent Maui wildfires have highlighted the risks of investing in the stock market, particularly when it comes to the Utilities sector. Utilities companies have long been considered a safe investment due to their defensive characteristics, but recent events have shown that this perception may be misguided. This serves as a reminder that “safety” doesn’t truly exist in investing, and that risks are always present, even in seemingly stable sectors.
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