Dogs of the Dow: Why 2020 Is Sending This Popular Strategy to the Doghouse
The stock market has been fast and furious so far in 2020, with a huge bear market drop in the first quarter giving way to a significant recovery for stocks in the second quarter. Even with the big bounce, though, the Dow Jones Industrials (DJINDICES: ^DJI) are down almost 10% on the year.
Many investors look for ways to avoid the volatility in the stock market, and one reasonably conservative investment strategy involves purchasing the 10 dividend stocks that make up the Dogs of the Dow. Yet even though the strategy has done fairly well over the long haul, 2020 has been a disaster for the Dogs of the Dow so far, and it's unclear whether the pressures that have held back the strategy will let up anytime soon.
Investment
Source Fool.com
