3 Dividend Stocks to Buy for Bear Market Downturns
If you invest money in the stock market, you'll eventually encounter a bear market. There's no way around it. Bear markets test your emotional strength in a way that's hard to explain unless you've lived through one.
However, there's a way to soften the hit. Instead of focusing on stock prices, focus on dividends. Here's how Procter & Gamble (NYSE: PG), Kellogg (NYSE: K), and Hormel (NYSE: HRL) have helped me manage my emotions in turbulent times.
As far as stock prices go, 2022 was awful, with the S&P 500 Index down by roughly 20%. I noticed the drop, of course, but I wasn't phased by it. In fact, I saw it as a way to grow my portfolio at a faster clip, thanks to dividend reinvestment.
Source Fool.com
