Get a mix of passive income and capital gains from these relevant companies
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Although some folks on Wall Street may deny it, I believe
there’s overwhelming evidence of a disconnect between investment market
valuations and the real economy. Still, that doesn’t mean you can’t profit from
the irrational enthusiasm. Better to go with the train than against it.
However, at some point, the ride will likely end. When it does, you’ll be glad
to have owned dividend stocks.
Sure, these investments aren’t as sexy as the growth names
that have generated wild headlines and even wilder performance metrics.
However, the mania is reminiscent of the late 1990s/early 2000s dot-com bubble.
At the time, merely mentioning the word “internet” aroused intense buyer
sentiment. However, the fundamentals came around and rudely ended the party.
The same can happen here, which is why you should consider dividend stocks.
With scheduled payouts along with the possibility of capital
gains, dividend stocks provide some measure of confidence in this uncertainty.
As well, companies that pay dividends tend to be fiscally stable – after all,
the passive income must come from somewhere. Therefore, should volatility
impact the broader markets, these organizations usually mitigate the storm
better than growth firms.
As you dive deeper into the details of this novel
coronavirus-driven crisis, the case for dividends only gets stronger. With
Congress deadlocked on another round of coronavirus relief, millions of
Americans face a bleak future. For instance, eviction moratoriums have expired
in several areas, possibly forcing countless shell-shocked households onto the
streets.
Also, the expiration of the federal program designed to
bolster state unemployment checks – the so-called “plus up” – puts millions of
others in dire straits. For our elected officials, saving the American people
should be a no-brainer. But because we’re going to play politics until everyone
dies, here are nine dividend stocks to consider:
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