You may feel whipsawed by this stock market so make sure you’re getting paid cold, hard cash to invest in it. I only like dividend paying stocks for you because investors piling into the market now may be gone in January. Let’s not forget what a rotten start 2014 was as E.S. Browning of The WSJ observes:
The concern is that those investors might move at least some of their money elsewhere after New Year’s Day. Something similar happened at the start of 2014, when the Dow fell 7.3% in January and early February. Bad weather hurt stocks then, too, but January usually is a strong month as retirement money flows into the market.
After stumbling at the start of this year, the Dow rose to a record high in April. Since then, the giant-company index has stumbled three more times but then recovered faster each time. Last week’s rebound was so sharp that you could carve a holiday turkey with it.
Latest posts by E.J. Smith (see all)
- November RAGE Gauge Tells Me Investors are Too Comfortable - November 17, 2017
- What do I think of Bitcoin? Part I - November 15, 2017
- Tax “Cuts” will Fuel the Florida Migration - November 14, 2017