Outside the Box: Retirement savers should consider utilities as more than just a dividend investment

The broad market has been up significantly since the beginning of 2009. However, with market volatility rising, driven largely by a pending trade war between the U.S. and China, many economists predict the bull market will soon be ending.

Seeking a safe haven, investors have begun to flock back to utilities for reliable income and insulation from international turmoil. Utilities have long been viewed as a defensive investment in times of economic uncertainty, and along with bonds, they have served as a mainstay of retirement portfolios because of their reliable income. But current conditions in the utilities market and the broad economy have revealed a new, more nuanced role for one of retirement savers’ favorite sectors, which is not just as a source of income, but also as a source of consistent growth.

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