Let’s Run with the Smart Money: Stay Calm and 8% On
Brett Owens, Chief Investment StrategistUpdated: March 11, 2020
We named our income investing website Contrarian Outlook for times like these. When the rest of the world is selling everything, we are sorting through their hastily discarded dividend bargains.
Sales like this don’t happen every year. In fact, the last blue-light special actually began to wind down the last time I reminded readers to “keep calm and 8% on.” It was December 26, 2018, and the stock market had just plunged nearly 20%.
Fear was rampant, which meant it was time for us contrarians to be greedy. Or, at minimum, not panic.
I don’t take the responsibility of being your Chief Investment Strategist lightly.… Read more