UGI - The 24 Safest Dividend Aristocrats Retirees Can Buy In July
(Source: imgflip)
It's an exciting but also frightening time for income investors.
S&P 500 Valuation Matrix
(Sources: F.A.S.T Graphs, FactSet Research, Brian Gilmartin, Reuters'/Refinitiv/Lipper Financial)
The sharp rally in stocks over the last two months has resulted in the highest valuations in 19 years.
(Sources: F.A.S.T Graphs, FactSet Research, Dividend Kings Investment Calculator)
That doesn't mean that a correction or market crash is necessarily imminent, merely that future returns are likely to be much lower than the market's historical 7% to 9% CAGR return.
The reason that market timing is all but impossible, whether you