If your crystal ball predicted the market carnage that kicked off the New Year, congratulations. Take that money you pulled out on December 31 and celebrate.
For the other 99%, it’s time to grin and bear it a bit. This should help soften the blow…
The first five days of the new trading year saw the worst 5-day start in S&P 500 history, and the Nasdaq Composite took a 7% beating.
The last thing you should do: panic.
Instead, think smart and plan ahead with this ‘buy’ list of solid stocks that were beaten down a bit, yet represent good value and opportunity on downturns.
Here are three stocks that fit the bill, with long-term business models, solid financials, current dividends that beat the pants off the 10-year Treasury note, and rising future dividends.