8 Dividend Stocks Vs. The Coronavirus
Howard Marks gives a very relevant insight about risk and investor complacency that seems to have played out over the last year or so.
Could the spreading coronavirus of 2020 be the equivalent of the collapsing housing market of 2007-2008?
I am trying to buy only in small amounts so as to preserve cash in the case that stocks continue to fall.
The eight picks this week include a net lease REIT, two energy companies, two insurance companies, an independent investment bank, a soon-to-be Dividend King, and an iconic logistics company.
Here's to health and wealth in the week ahead!
Introduction
Every week, I try to find the five most opportunistic and timely dividend stocks to highlight as "buy" ideas and present them in these articles. This week, due to the continued stock selloff, I just couldn't narrow it down to only five picks. So I'm presenting eight high-quality, undervalued dividend stocks that offer stellar starting yields.
There are many dividend stock "listicles" (list articles) on the Internet, but relatively few of them focus solely on stocks that are good values today. In a time of very low yields in both stocks and bonds, value investing becomes a vital way to generate a decent, reliable income stream.
That is as true for younger investors like me who focus on dividend growth and compounding as it is for retirees and near-retirees in search of current yield. So let's examine this week's picks and explore why they could make strong long-term dividend investments.
But first, a little reminder about risk from the brilliant Howard Marks.
Fear, Greed, and Complacency
Sometimes, during particularly placid and minimally volatile periods in the markets, it can be easy to forget how much stock prices are influenced by investor psychology. We hear often about the vacillations between fear and greed, but I think there's a third investor emotion that sometimes dominates. This emotion is neither fear nor greed, but rather something in... Read more