This has been a rough year for investors of all walks. The bond market has produced its worst year on record, while the benchmark S&P 500 delivered its weakest first-half return since 1970. Things have been even worse for the tech-driven Nasdaq Composite, which peaked at a decline of 38% from its November 2021 high.

While bear markets can be unnerving and are known to test the resolve of investors, they can also be a great time to put your money to work in time-tested businesses. In particular, dividend stocks can be a smart buy during sizable downturns.

Image source: Getty Images.

Continue reading

Source Fool.com