ENB - Is the Stock Market Going to Crash? I Don't Know. That's Why I Own This High-Yield Stock.
2024-07-18 04:45:00 ET
The one thing that you can be certain of on Wall Street is that bull markets will eventually be followed by bear markets (and vice versa). It's kind of like a pendulum, though, with extreme highs and extreme lows being driven by the emotional swings of investors.
I don't play that game and neither should you. Which is why I own high-yield Enbridge (NYSE: ENB) . Here's why you might want to buy this stock too.
If you look at Enbridge's stock price you probably won't be impressed. The stock is down around 25% over the past decade. However, that's pushed the dividend yield up to 7.4%. That gets you nearly three-quarters of the way to the average 10% return that most investors expect from the stock market.
For further details see:
Is the Stock Market Going to Crash? I Don't Know. That's Why I Own This High-Yield Stock.