Mainstream financial channels have made a big deal out of the current, furious relief rally (“Is it a ‘V-shaped’ recovery?” they muse). Whether it’s a V, a W, an L, a Nike swoosh or (my favorite) a bathtub, the fact is that many cash flows—and hence the dividends they fund—are under siege.
(This is no surprise. The average bear market lasts 12 to 18 months. We are just beginning month three—yikes.)
But all hope is not lost! We can still find secure yields, even reliable monthly dividends to boot, right now. In a moment, we’ll sift through the market’s trash heap to find these valuable sources of income stability.… Read more