While earnings are declining, the author of today’s article points out an important fact about the decline: it’s being largely driven by companies that rely on foreign markets for the majority of their sales, while earnings of companies that generate the majority of their sales domestically are actually rising. As a result, he argues, “the overall earnings decline isn’t a sign of a recession—and it isn’t reason to sell out of stocks…In fact, now is a great time to buy—so long as you do so selectively.” He proceeds to highlight one particular sector that may be a wise selection right now – and a specific fund paying a safe 6.9% dividend. For more, CLICK HERE.
The Right Sector Right Now – And A Safe 6.9% Dividend
Tags:2020 Safe Dividends6.9% DividendDividend InvestingDividendsEarningsEarnings DeclineForeign MarketsFundsInvestInvestingInvestorSalesSell Out Stocksstock marketstocks