How We’ll Build an Automatic “Dividend-Momentum Machine” in 2023

We dividend investors know that 2023’s going to throw us some curveballs. So let’s talk about a simple strategy that helps us buy more shares of our favorite stocks during pullbacks. Because the truth is, the Fed is still hiking, inflation is well north of 2% and the economy is humming along. That last point is a headache for Fed officials as they need to “cool” the economy to get inflation down. That’s code for inducing a recession. A New Spin on a Classic Strategy This uncertainty is why I’m counseling caution when it comes to buying stocks these days. But if you are tiptoeing into this market, only do so if: You have a long time horizon and … You do so gradually, using our “modified” dollar-cost averaging (DCA) approach. … Read more