3 High-Yield Stocks Worth Owning If the Market Keeps Crashing
Both the Dow Jones Industrial Average and the S&P 500 had their worst week in more than a decade. Both indexes have lost value over eight consecutive trading days, with the S&P down 12.7% and the Dow down 13.4% since Feb. 19.
Could things get worse before the market starts to turn? Sure they could. We saw stocks lose 20% of their value as recently as 2018, but it took more than two months from the October peak (which is almost exactly where stocks are today) to the Christmas Eve bottom. Moreover, there are real concerns that the acceleration of the spread of coronavirus around the world -- which is at the heart of the market's hard and fast drop -- could be enough to start a global recession.
So what's an investor to do? Start by focusing on the long term and not getting too caught up in what's happening from day to day in the markets. That's easier said than done, but you can make it easier by building a portfolio of high-quality, high-yield dividend stocks that can both ride out the market's short-term hiccups and generate strong results across economic uncertainty.
Source Fool.com
