Why You Shouldn't Get Upset When Your Reliable Dividend Stocks Stumble
A fallen angel stock is a share of a company that is generally considered well run but that, for some reason, has experienced a material stock price decline. That's the fishing pond I like to be in since such stocks often offer historically high yields.
But there's a drawback to buying fallen angels. You generally have to suffer through middling stock performance until the company gets its wings back. I don't see that as a problem, however; I think it's a bonus. Here's why you shouldn't get upset when reliable dividend stocks stumble.
As the old saying goes, there are no crystal balls on Wall Street. While this is meant to mean you can't predict the future, it also suggests that you will be hard-pressed to time your stock purchases in any meaningful way.
Source Fool.com
