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Pre-Body: Is a recession coming?

Hard to say. I think you could argue it either way. But why not err on the side of caution, defend your portfolio, and invest in a way where you'll be fine - no matter what? If a recession doesn't come, you'll make plenty of money. And if a recession does come, you've positioned your portfolio and the dividend income it produces to hold up in the storm.

Jamie Dimon, CEO of JPMorgan Chase, believes an economic hurricane is on the horizon.

Well, I lived in Florida for quite a while. And if a hurricane looked like it was closing in, we prepared - even if we didn't necessarily believe a direct hit was likely. Because what's the worst that can happen if you found yourself overly prepared? Nothing, really. On the other hand, potentially dire consequences were possible if you didn't prepare at all... and then the storm hits you. Now might be a good time to consider positioning your portfolio in a way that won't leave you with a disaster, just in case.

One way to do that? Invest in companies with business models so strong, selling products and/or services so essential to everyday life, even full-on recessions haven't taken them down. Through multiple recessions, these companies kept on selling plenty of what they offer. And, most importantly, their dividends kept on flowing and growing.

Today, I want to tell you about five high-quality dividend growth stocks that are nearly recession-proof. Ready?

Video Length: 00:15:53