If I Could Only Buy and Hold 1 Dividend Stock Heading Into the Eye of a Stock Market Storm, This Would Be It
Long-term investors often like to think that stocks will simply rise forever. While the S&P 500 has generally risen over the decades, such increases did not come without enduring storms. Some of those storms, like the dot-com bust or the 2008 financial crisis, led to years of pain. During such times, consumers and investors alike tend to go back to basics, and that shift often leads investors to choose companies whose sales remain steady regardless of the overall economy. Assuming I did not own it already (which I do), I would buy and hold Target (NYSE: TGT) stock, and here's why. Image source: The Motley Fool. Continue reading