This 7-Stock “Never Go Down” Portfolio Pays 6% Today
May 29, 2019 at 06:00 AM EDT
Where’s the market going from here? Well, if you own these seven “never go down” dividend payers, you probably don’t care . My readers are often asking for safe income ideas. For stocks that pay dividends and never drop in price. It’s a very difficult task, but not quite impossible. For most long-term investors who want big dividends–I’m talking 6%, 7% and even 8%+ current yields–I recommend a combination of a contrarian and “No Withdrawal” approach. This consists of buying safe dividend-paying bonds and funds when they are out of favor and holding them through any market turbulence. Big dividends are the rubber duckies of the investing world.… Read more