Worried About Tariffs? 2 Safe Haven Stocks to Buy on the Dip With $500

Earlier this year, all three major indexes -- the S&P 500, the Nasdaq, and the Dow Jones Industrial Average -- slid as President Donald Trump announced his plan to impose tariffs on imports. Investors worried this would result in higher costs for U.S. companies as they import their goods made abroad -- and this might sink earnings.Since then, indexes have rebounded, and the S&P 500 even reached new all-time highs recently as Trump negotiated with countries and industries and it became clear that worst-case scenarios would be avoided. For example, Trump said that by investing in U.S. manufacturing, tech and pharma companies would be exempt from the tariffs.Still, some companies have spoken of impacts from tariffs when reporting earnings -- and uncertainty remains regarding tariff levels and their impact down the road. But I have some good news for you if you're worried about these levies. There are two safe haven stocks you can buy on the dip -- and with $500, you can get in on both of them.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool