This Monster Dividend Stock Could Give Your Portfolio a Much-Needed Summer Vacation
School is out, and summertime is here. When you're taking a long overdue trip with your family, the last thing you probably want to be thinking about is your stock portfolio. But with the constant clamor that comes when asset prices are falling, it can be challenging to find peace of mind.
Sometimes, the worst part about a prolonged bear market isn't necessarily the paper losses but rather the psychological toll of watching a portfolio go down month after month. One of the best ways to buffer yourself from the short-term fluctuations of the stock market is by investing in name-brand companies that you can count on to be around for decades to come.
Starbucks (NASDAQ: SBUX) is a dividend stock that has been through past economic downturns. Here's what makes it a great buy now and why owning Starbucks stock can give your portfolio the stability needed to outlast a market crash.
Source Fool.com
