Prepare for the Next Downturn With Low-Debt, High-Dividend Stocks
When the stock market collapsed in 2008 and 2009, it seemed that the carnage was indiscriminate. Most stocks’ correlations went to nearly 1.0 and it seemed there was nowhere to hide. But it pays to dig deeper and look at companies that held up well during the worst downturn since the Great Depression. It turns out that many of these companies have stable growth, low debt, and relatively high dividends.Let’s take a look at a few of them relative to what the S&P 500 did from the peak in 2007 to the trough in 2009.... Read more