Dividend stocks are the key to sitting still in this economic uncertainty


Given the ups and downs of the market right now the safest bet is finding stable companies that pay high dividends. The goal is to capture a decent dividend given the economic climate for long term growth. What I see is all stocks will fluctuate with the market but stable, high dividend, less exposed stocks is the way to go. Make sure you reinvest the dividends.

NOW you won't make the money that people who invest in the big swings stocks and prospect stocks get but you will have a stable nest egg.

If we look at certain companies who pay dividends and make consistent revenue and profits, with the uncertainty happening right now, in my opinion it will recover, so you will get the price back + dividends that hopefully beat inflation.

Ford has an okay dividend but depending on how the execution of electric cars will be a deciding factor. BUT meanwhile Monsanto will earn hand over fist in cash no matter what. Alcoa who produces aluminum, will also be safe for a very long time (yes tariffs and trade can affect them but they are not going anywhere). Step up and take Coca-Cola and you have a good dividend with not much upside but not much downside.

Right now I put my money into relatively stable companies that just give dividends and won't dissapear over night.


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