3 Sleepy Yielders to Soothe Your Bear-Market Boo-Boos
August 27, 2022 at 05:00 AM EDT
Let’s not be idiots chasing this bear market rally. OK? Safe dividend stocks, fine. That’s what we’re going to talk about today. A trio of stability and sanity that doesn’t care if we see a September swoon or October keel over. Yes, in bear markets like these we sell the rips. But we still buy the dips—we just make sure we do it smartly. And keep it low beta. Duke Energy (DUK) , for example, has a 5-year beta of 0.34. This means it moves only 34% as fast as the market. In other words, on days when the S&P 500 is down 3%, this stock should decline a mere 1.5% or so.… Read more