By: Dividend Sensei
No one knows when the next correction will happen but there is no question one is coming at some point.
“Markets always, without exception, revert to the mean. The only question is the “timing” of the event.” – Lance Roberts
I have 10 world-class blue-chips on my retirement portfolio’s correction watchlist that include both
- 5 safe ultra-yield dividend stocks who average almost 8% yield today (and might yield 9% or 10% in a correction)
- 5 hyper-growth stocks whose average long-term growth consensus is 25% and whose expected 5-year total returns in a correction could hit 20% CAGR
Rather than curse the current bubble, I’m being disciplined, methodical, and preparing for the potentially sensational buying opportunities that today’s overvaluation is creating in the future when the music finally stops and the current euphoria turns back into short-term market fear.