Updated: January 22, 2016
This week oil crashed below $30 a barrel, the broader domestic indexes continued to pull back, and economies around the world – namely China’s – are growing riskier. There might be what some consider panic in the streets… but this isn’t entirely a buying opportunity.
After all, there are lots of dividend traps, falling knives and paper payout tigers ready to obliterate your value buying. It pays to be cautious and careful right now. Especially for asset-price dependent firms.
Over the past few weeks I’ve been digging into some of the worst dividend payers whose shaky business earnings are putting their payouts at risk.… Read more