Stock Market Volatility Got You Down? Check Out This Rock-Solid Real Estate Stock
Volatility returned to the stock market this year. The S&P 500 briefly entered correction territory, tumbling 10% from its most recent high. Meanwhile, the Nasdaq Composite plunged into a bear market -- dropping 20% from its peak. While they've recovered some of their losses -- the S&P 500 and Nasdaq are now down 8% and 15%, respectively -- this volatility has unnerved investors.
While investors can't completely eradicate volatility from their portfolio, they can take steps to blunt its impact by owning stocks that have historically been less volatile than the market. One stock traditionally less volatile than the S&P 500 is Realty Income (NYSE: O). Here's what makes this real estate investment trust (REIT) a great way to take some of the market's volatility out of your portfolio.
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Source Fool.com
