2024-02-03 07:00:00 ET
Summary
- Many investors are baffled by a stock market rally that seems to defy the laws of God, man and common sense.
- Despite many risks, stocks are at record highs, and many fear another 2000-style tech bubble crash.
- The 2023 rally was mostly justified by incredible fundamentals and the stock market is about 4% overvalued. There's no evidence of an impending mega crash.
- For those seeking true financial freedom, from very safe and steadily growing dividends, ultra-yield aristocrats like these five names, are a potentially great idea.
- They yield a very safe 7.2%, have 80% upside potential through 2026, and are expected to deliver 11% to 12% long-term returns and income growth in the future.
This article is for the many readers who are baffled by the apparent insanity of a market that appears to be melting up in a 2000-style meltdown.
This is an article for those who are terrified that this is just another sucker rally designed to suck you into stocks right before a big recession crash.
But most of all, this article is for those seeking some financial freedom....
Read the full article on Seeking Alpha
For further details see:
5 Dividend Aristocrat Bargains Yielding 7.2%