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3 Ultra-High-Yield Dividend Stocks Billionaires Can't Stop Buying


It's been a wild year on Wall Street. After hitting their respective all-time closing highs between mid-November and early January, the timeless Dow Jones Industrial Average, broad-based S&P 500, and growth-centric Nasdaq Composite have plunged by 19%, 24%, and 34%, at their peaks. You'll note by the magnitude of these declines that both the S&P 500 and Nasdaq were mired in a bear market.

Although double-digit percentage declines in the market can be unnerving and test the resolve of investors, they're also the ideal time to put money to work. After all, every sizable decline in the major indexes throughout history has, eventually, been erased by a bull market. Billionaire money managers know this all too well.

Image source: Getty Images.

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Source Fool.com

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