first_img Malcolm holds shares in Scottish Mortgage, Unilever, Reckitt Benckiser, GlaxoSmithKline, and HSBC. The Motley Fool UK has recommended GlaxoSmithKline, HSBC, and Unilever. Simply click below to discover how you can take advantage of this. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Enter Your Email Address My view: the time to start thinking about pandemic-proofing your portfolio is now, not when normal life resumes. Thinking that they’d never experience anything worse than 2008–2009 to contend with – or that something worse could never come along so soon after 2008–2009’s dividend drought – many investors went into lockdown with inadequate income reserves. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. So going forward, many investors will want to re-define exactly what is meant by ‘defensive’ investments – especially in the context of pandemic-induced lockdown – and make sure that they increase their exposure to them. Exposure to Europe and North America is also sensible, and again, investment trusts make it easy. And large multinationals — as well as investment trusts such as Scottish Mortgage – are a way to play the global economy. Unilever, Reckitt Benckiser, GlaxoSmithKline, HSBC, the oil and mining giants: each of them has a broad geographic footprint. I’ve certainly re-thought my own approach to an income reserve, deciding to now hold a full year’s income in my various brokerage accounts as an income buffer. It’s probably excessive – but better safe than sorry.So-called ‘defensive’ investments often weren’tOne of the biggest surprises of the last few months is how many supposedly defensive consumer-focused stocks turned out to be not at all defensive in the face of lockdown. Put another way, many stocks that more or less shrugged off bad times in 2008–2009 stumbled badly in 2020. Malcolm Wheatley | Saturday, 8th August, 2020 Looking at my own portfolio, sectors such as food production, food retail, logistics infrastructure, and specialist REITs have been the investments to hold.Ironically, pre-pandemic, I’ve seen investors turn their noses up at all of these – but not any longer, I’m guessing.For safety, stretch your investment horizonsAs I’ve remarked before, the last few months haven’t been kind to those investors with a bias towards the FTSE 100. Home country bias is never a good idea, however comforting, and it seems clear that many other countries – and other economies – have fared better than the UK during the Covid-19 pandemic. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Pandemic-proofing your portfolio: practical points to consider now But for those who do, I predict that the effort will be worthwhile. For there have been profitable lessons aplenty, for those who care to look. See all posts by Malcolm Wheatley Large low-cost investment trusts make investing overseas very easy, and a few weeks ago I pointed to some Asia-focused trusts that I hold in my own portfolio. Just like the Footsie, these were hit during the dark days of March – what wasn’t? – but have since bounced back, and generally bounced back a little further than the Footsie. As ever with these things, though, it’s not the sharing that makes a difference to portfolio performance – it’s the putting into practice that matters. One day, we will be through all this.Just as with the financial crisis and ensuing recession of 2008–2009, better times will eventually come. The mood may be downbeat now, but the clouds will pass. “This Stock Could Be Like Buying Amazon in 1997” The question for investors: what lessons will they take away from this strange period, and how will those lessons shape their future investment decisions?5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Learning from experienceNot everyone will take the time and trouble to reflect on the journey we’ve all been on over the past few months – a journey that has yet to reach its conclusion. Our 6 ‘Best Buys Now’ Shares My guess, though, is that they are broadly enough applicable to make them worth sharing more widely. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Shuttered factories, shuttered retail outlets, shuttered pubs and restaurants, shuttered airlines, shuttered leisure facilities: lockdown affected huge swathes of the economy. Here are three that strike me, for instance.Income investors need larger reservesFor income investors, the end of March and the beginning of April were uncomfortable times. In the dash to conserve cash and shore up balance sheets, huge numbers of companies cut their dividends or cancelled them altogether – even companies that on the face of it had little need to. Image source: Getty Images And not everyone who does so will formulate any changes to their investment approach as a result, or get around to putting any of those changes into practice. So post-pandemic, astute investors will doubtless want to re-evaluate their asset allocation: going overseas has never been easier.Action not thoughtsDifferent investors may draw different lessons, of course: these are the lessons that I see from my own pandemic experience, looking at my own portfolio.last_img read more