The stock market of 2022 was a brutal one, and experts predict that the stock market of 2023 will be no better. With a full-blown recession on the horizon, it is essential to know the best stock to buy and the best investment strategies to use when Wall Street throws them at you. Smart Money Podcast recently released a new episode discussing investing in the stock market for 2023, and it is worth a listen. To hear the episode, go to the podcast homepage.
Ed Rackham, co-chief investment officer of Smart Money, spoke on the episode about the debate that began after the end of the first quarter in 2022. He said that despite the market being unpredictable, there are still ways to secure your money in 2023. The best way to do this is to diversify your portfolio and add a mix of investment. This can include stock, bonds, mutual funds, ETFs, and more.
One of the best tech stock to buy in 2023 is Alphabet Inc (NASDAQ:GOOGL). It is the parent company of Google and has a strong portfolio of products and services. It is also one of the most reliable stock when it comes to long-term growth. The share price could go up, and you can gain benefits that come with investing in stock in general like potential dividends.