Why is it very Essential to have Defensive Stocks in ones Portfolio?

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Why is it very Essential to have Defensive Stocks in ones Portfolio?

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There is a famous saying “Better be safe than sorry”. One cannot make too many mistakes and live to tell the tale when he is investing in the stock market. Building a safety net under one’s portfolio is very essential and its true value is realised only in a recession. Fortunately a class of stocks called defensive stockscomes to one’s aid in recessionary times. In times of plenty, bad times are…

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