2 High-Yield Dividend Stocks to Buy in September and Hold for a Decade or Longer
Did you know that September is generally a lousy month for the stock market? Individual investors and hedge fund managers tend to take profits they've gained over the summer or sell off any losers to lower their taxable income.
This September, the Federal Reserve is widely expected to reduce interest rates. Rate reductions tend to raise markets but investors have been expecting this one for over a year. In other words, there's a good chance this will be another disappointing September for the stocks you already own.
It's the price you pay that determines the return you receive on an investment. If prices fall this September, as expected, it could be an opportunity to scoop up some high-yielding dividend stocks at a discount.
Source Fool.com
