Should we use this dip to load up on dividend stocks?
It is always a good time to put high quality payers in our portfolio. Especially now, when their yields are noticeably higher than they were this time just last week.
However, please do note my emphasis on quality. “Junk dividends” are cheaper, too, but we should continue to steer clear of these. To show you what I mean, let’s pick on three money-losing stocks paying unreal high yields. I’m talking about 8.3% all the way up to 16 (per year, yes, you’re reading correctly.)
These particular yields, believe it or not, are likely to go even higher in the months ahead.… Read more