How Averaging Down Pays Off for Income Investors
The 2022 bear market hit high-yield stocks (except for energy stocks) hard, and my subs sent me many questions about the status of their investments. One stock in particular moved relentlessly down, making investors wonder if the company’s big dividend was safe. Last week, the patience paid off, and investors who averaged down are back to even, with a 25% lower share price. Let’s take a look at how this approach really pays off for dividend investors…
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