Stock Market Sell-Off: 1 Magnificent Dividend Stock to Buy Right Now
Dividends are a great way to build sustainable income over the long term, especially if you buy dividend growth stocks. That way, even if the market is going through a major bout of volatility as it is in 2025, your portfolio will send you a steady (and growing) income quarter after quarter. This can be used to reinvest in more stocks, or as income for your personal expenses.Stock market volatility is a great reminder that a portfolio dedicated to hypergrowth technology stocks that do not pay dividends can lead to huge ups and downs in the short run. In order to minimize this roller coaster -- if that is your goal -- you might want to add some dividend stocks to your portfolio.Here's why American Express (NYSE: AXP) is a magnificent dividend stock to buy and watch appreciate over the long term.Continue reading
Dividends are a great way to build sustainable income over the long term, especially if you buy dividend growth stocks. That way, even if the market is going through a major bout of volatility as it is in 2025, your portfolio will send you a steady (and growing) income quarter after quarter. This can be used to reinvest in more stocks, or as income for your personal expenses.
Stock market volatility is a great reminder that a portfolio dedicated to hypergrowth technology stocks that do not pay dividends can lead to huge ups and downs in the short run. In order to minimize this roller coaster -- if that is your goal -- you might want to add some dividend stocks to your portfolio.
Here's why American Express (NYSE: AXP) is a magnificent dividend stock to buy and watch appreciate over the long term.
