ARE - 8 Stocks I'm Buying Amid The Dividend Stock Selloff
2024-04-20 11:30:00 ET
Summary
- The future is unknowable, but you can put the odds on your side for the long run by sticking to high-quality compounders.
- "Higher for longer" or, more accurately, "this high for a while longer," wins the day, at least based on March data.
- There are three primary drivers of economic growth in 2024.
- I cover the 8 dividend stocks on my buy list for the fourth week of April plus 2 on my "almost buyable" list.
Come for the dividend stock picks, stay for the economic analysis.
Or come for the economic analysis and stay for the stock picks.
Or just read one section and skip the other. Whyever you're here, let's get to it.
The market has given us plenty to ruminate on, both on the economics side and (especially) on the dividend stock side, which has suffered yet another interest rate-driven selloff as of late.
It psychologically weighs on an investor when their own portfolio remains in bear market territory when the S&P 500 ( SPY ) is in full-blown bull mode. But remember: If you are like me and investing primarily to generate sufficient passive income when you need it (either now or in the future), then dividend stock price weakness is a long-term buying opportunity.
In a world focused only as far as the next year or so, thinking about and investing for the long-term is a competitive advantage....
8 Stocks I'm Buying Amid The Dividend Stock Selloff