Dividend Investing’s Big Problem
Like so many investors who actively invest in dividend stocks that have a very long track record, I got really burned in the this most recent market downturn. I was lured into the perceived safety of long term dividend growth stocks - especially when it came to financial and banking stocks. For example, at my peak I held shares in the following banks and financial stocks: Citigroup, Bank of America, Royal Bank of Canada, IGM Financial, and U.S. Bancorp. This got me into trouble and …