Have $1,000? 2 All-Weather Dividend Stocks to Buy and Hold Forever
If today's elevated stock market spooks you out, you're not alone. Valuations are high compared with historical levels, and if the Federal Reserve does go through with its plans to taper, it could cause stocks to retreat once that stimulus is withdrawn. Still, at the moment, it's hard to find investments that offer the same sort of long-term potential returns that stocks do. To the extent there is still some semblance of value in the market, it might be found in "boring" old-school dividend-paying companies.
The upside of these stocks that don't leap with the market is that you can make a case that they're still decently priced for reasonable returns over time. As a result, if you have $1,000, these two all-weather dividend stocks might be worth considering as a purchase. Although their potential growth may not be stellar, the fact that they're built to last also means they may even be worth looking at as companies worth holding forever.
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Source Fool.com
