Stock Market Correction: 2 High-Yield Dividend Stocks to Buy Now
The stock market has pulled back in recent weeks as traders have grown more fearful of a potential recession. Fortunately for us, short-term economic concerns often create lucrative opportunities for long-term investors.Broad sell-offs can push down the prices of even great businesses, and buying those stocks when they're on sale is a proven way to build wealth over time.Dividend stocks can be particularly smart buys during market downturns and corrections, as their yields rise when their prices fall -- assuming, of course, that those macroeconomic issues don't result in the companies in question cutting their payouts. But if their dividends are sustainable, buying low means more income for you at a lower cost.Continue reading
The stock market has pulled back in recent weeks as traders have grown more fearful of a potential recession. Fortunately for us, short-term economic concerns often create lucrative opportunities for long-term investors.
Broad sell-offs can push down the prices of even great businesses, and buying those stocks when they're on sale is a proven way to build wealth over time.
Dividend stocks can be particularly smart buys during market downturns and corrections, as their yields rise when their prices fall -- assuming, of course, that those macroeconomic issues don't result in the companies in question cutting their payouts. But if their dividends are sustainable, buying low means more income for you at a lower cost.
