If You Invested in Bitcoin Ahead of the Last Inauguration Day, Here's How Much It'd Be Worth Now

Check Out: 6 Things To Buy Before Trump's Inauguration in January

While cryptocurrency seemed risky to many, those who made the leap have seen incredible returns.

But did you know that a five-stock strategy could have netted you even more?

Here's a look at five stocks to invest in ahead of Inauguration Day, according to experts.

Five Stocks to Buy Before Inauguration Day“I put together a five-stock strategy that would have returned an average of 446% by Inauguration Day,” said Greg Morcroft, a certified financial planner and founder of Vermont-based financial planning firm, Vermont Fluent in Finance. “Traditional investors were just starting to take notice, and many folks doubted its future.”

The strategy involved investing $2,000 each in five S&P 500 stocks that were trading at less than $10 per share at the time of the last presidential inauguration. The stocks were:

AT&T (NYSE:T)

Bank of America (NYSE:BAC)

Ford Motor Company (NYSE:F)

General Electric Company (NYSE:GE)

Johnson & Johnson (NYSE:JNJ)

“I picked these stocks because they were all fundamentally sound companies that were trading at a discount due to the market downturn,” said Morcroft. “I figured that if the market recovered, these stocks would rebound quickly.”

And he was right. By Inauguration Day, the S&P 500 had rallied by 160%, and the five stocks had returned an average of 446%.

Of course, past performance is not indicative of future results, and there's no guarantee that a similar strategy will work again. But with the market at all-time highs and interest rates set to rise, it's certainly worth considering a more defensive approach to investing in the lead-up to Inauguration Day.

Here are some tips for creating a defensive investment strategy:

Focus on value stocks. Value stocks are typically those that trade at a lower multiple of earnings or book value than growth stocks. This can help to protect your portfolio from downside risk in the event of a market downturn.

Invest in dividend-paying stocks. Dividend-paying stocks can provide you with a steady stream of income, even if the market is not performing well. This can help to offset any losses and keep your portfolio growing over the long term.

Diversify your portfolio. Don't put all of your eggs in one basket. Instead, diversify your portfolio across a range of asset classes, such as stocks, bonds, and real estate. This will help to reduce your overall risk.

Rebalance your portfolio regularly. As your portfolio grows, it's important to rebalance it regularly to ensure that your asset allocation still aligns with your risk tolerance and financial goals.

By following these tips, you can create a defensive investment strategy that will help to protect your portfolio from downside risk in the lead-up to Inauguration Day and beyond.