Let’s Run with the Smart Money: Stay Calm and 8% On
March 11, 2020 at 05:00 AM EDT
We named our income investing website Contrarian Outlook for times like these. When the rest of the world is selling everything , we are sorting through their hastily discarded dividend bargains . Sales like this don’t happen every year. In fact, the last blue-light special actually began to wind down the last time I reminded readers to “keep calm and 8% on.” It was December 26, 2018 , and the stock market had just plunged nearly 20%. Fear was rampant, which meant it was time for us contrarians to be greedy. Or, at minimum , not panic. I don’t take the responsibility of being your Chief Investment Strategist lightly.… Read more