Wonderful Dividend Blue-Chips Are Always On Sale: Here’s How To Find Them

Wonderful Dividend Blue-Chips Are Always On Sale: Here’s How To Find Them

Posted On October 6, 2020 3:16 am

The stock market remains 31% overvalued. And Moody’s is forecasting a lost decade for stocks, with a 12% decline, or -1.2% CAGR total returns over the next 10 years. Chuck Carnevale is known as Seeking Alpha’s “Mr. Valuation,” famous for his “it’s a market of stocks, not a stock market” mantra. By this, he means that no matter what the broader market is doing or how overvalued it becomes, something wonderful that meets your investing needs is always on sale. You just have to know where to look…

(Source: Ploutos. Data as of the end of September)

That’s absolutely true. In fact, at the end of September, a full 44% of all U.S.-listed stocks – a total of 1,600 – were in a bear market, down 20%+ from their record highs…And that’s despite the broader market being very overvalued. This means that no matter how overvalued or volatile the market gets wonderful blue-chips are always on sale, for any possible goal, time horizon, or risk profile. This video article shows you how you can find the best long-term investment options to achieve your goals, such as a rich retirement.

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Photo: “[201] SALE” by rbrwr is licensed under CC BY-SA

About author

Dividend Sensei
Dividend Sensei

I'm an Army veteran and former energy dividend writer for The Motley Fool. I'm a proud co-founder of Wide Moat Research, Dividend Kings, and the Intelligent Dividend Investor. My work can be found on Seeking Alpha, Dividend Kings, iREIT, and the Intelligent Dividend Investor. My goal is to help all people learn how to harness the awesome power of dividend growth investing to achieve their financial dreams and enrich their lives. With 24 years of investing experience, I've learned what works and more importantly, what doesn't, when it comes to building long-term wealth and income streams and achieving long-term financial goals.

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