Are you worried about a market meltdown in 2020? Fair enough–stocks went straight up for an entire decade, making a pullback more than due as we head into the 20s.
Now, more than ever, it’s vital that your portfolio is anchored by bulletproof dividend payers. If it’s not, read on, and I’ll introduce you to a few of the market’s five-star income plays—payouts so safe that even a worst-case recession scenario won’t touch them.
BofA Merrill Lynch analyst Michael Harnett, looking at recent developments such as our “phase one” deal with China and the U.K.’s recent elections, said stocks are “primed for Q1 2020 risk asset melt-up,” projecting that the S&P 500 will rip off a quick 5% by March.… Read more