Long term in defensive stocks?
Anyone here do a portfolio of defensive sector stocks for the majority of their holdings. I'm thinking Kimberly-Clark, Clorox, Walgreens, Waste Management, etc. those things we all still have to use when the market tanks.
I'm curious about your stock selection strategy, and overall satisfaction with the approach. Or if you tried this approach, and gave it up, what circumstances drove you out? and what do you do now?
--At what age does spending less now in order to have more later stop making sense?