New Zealand markets close in 3 hours 50 minutes
  • NZX 50

    11,178.96
    +88.93 (+0.80%)
     
  • NZD/USD

    0.5741
    +0.0012 (+0.22%)
     
  • NZD/EUR

    0.5745
    +0.0014 (+0.24%)
     
  • ALL ORDS

    7,029.10
    +123.80 (+1.79%)
     
  • ASX 200

    6,817.30
    +118.00 (+1.76%)
     
  • OIL

    86.56
    +0.04 (+0.05%)
     
  • GOLD

    1,734.30
    +3.80 (+0.22%)
     
  • NASDAQ

    11,582.54
    +352.81 (+3.14%)
     
  • FTSE

    7,086.46
    +177.70 (+2.57%)
     
  • Dow Jones

    30,316.32
    +825.43 (+2.80%)
     
  • DAX

    12,670.48
    +461.00 (+3.78%)
     
  • Hang Seng

    17,079.51
    -143.32 (-0.83%)
     
  • NIKKEI 225

    26,992.21
    0.00 (0.00%)
     
  • NZD/JPY

    82.4700
    -0.0930 (-0.11%)
     

Worried About a Recession? Buy These 3 Stocks and Hold Forever

·4-min read
Worried About a Recession? Buy These 3 Stocks and Hold Forever

The S&P 500, Nasdaq Composite, and Dow Jones Industrial Average are down 13%, 20%, and 10% year to date, respectively. My first choice is Microsoft (NASDAQ: MSFT). When some people think of Microsoft, they imagine the software start-up that became prominent under Bill Gates in the 1980s and '90s.