Here’s the surest, safest way to double our money in any kind of market. This works whether we’re comparing 2019’s roaring bull run or 2022’s blabbering bear:
Buy the dividends that are growing the fastest.
Over long time periods (months to years), stock prices follow their dividends. For better or for worse! It’s that simple.
When a company cuts its payout, its stock price drops. On the other hand, firms that raise their dividends year after year enjoy steady annual gains. This is thanks to a financial phenomenon I call “the dividend magnet.”
The Dividend Magnet
Dividend growth is a one-two-three combo for income investors.… Read more