As Wild As the Market Gets, Here's 1 Stock I'm Never Selling
Long-term dividend investors are always looking for some mixture of a high yield and a safe dividend. That's exactly what I got when I added Federal Realty Investment Trust (NYSE: FRT) to my portfolio during the 2020 bear market. Here's why I don't plan on selling it anytime soon as well as why another major market swoon would be an opportunity to add to my position.
I'm not going to tell you my age, but I've been investing for a while at this point. In fact, while the world is all aghast at the rapid pace of inflation today, one of the first books my father gave me when I showed an interest in money was about... the inflation of the 1970s. Why? Because it was still a relevant issue. I have very clear recollections of 1987's "black Monday," I had cash in the market for the 2000 internet stock debacle, and I took some lumps during the 2007 to 2009 housing-led recession and bear market.
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Source Fool.com
