5% Decline? No Problem With This Dividend Strategy
September 29, 2021 at 05:00 AM EDT
The stock market goes up as well as down and, for whatever reason, it tends to swing wildly in September and October. With last Monday’s intraday price action, we saw our first 5% decline in a year. The last time the S&P 500 fell by 5% or more was… this time last year. Losing money isn’t fun. Then again, it is our job to make sure that paper losses stay on the page. Historically speaking, this is a good month to go shopping. Last October, we locked in 7.3% to 10% dividends —and 51% total returns (in just 12 months!) soon followed.… Read more