Believe It or Not, These Stocks Pay You to Own Them
The Dow Jones Industrial Average dropped some 800 points on April 26, and the S&P 500 has been down more than 11% since the start of the year. This would put the stock market in correction territory, which is a drop of more than 10%. That means most stocks are in negative territory year to date, as are most of our portfolios.
Long-term investors shouldn't make any rash decisions as long as they believe in their holdings and nothing has materially changed for a particular stock or its industry. Corrections don't historically last as long as bull markets, and selling now would only lock in your losses before the market has a chance to come back.
But it may be good to know that there are some stocks out there that pay you to own them, regardless of the market environment -- dividend stocks. They are particularly important in markets like this as they can boost your total return and provide you with some income.
Source Fool.com
