Retirees seeking high-dividend stocks should remember what happened to General Electric
The stock’s yield at the beginning of 2018 was high enough—at 2.75%—to qualify in some stock screens as a high-yielding stock. GE was a member of the famous Dogs of the Dow strategy, for example, which calls for investing each New Year’s in the 10 highest yielding stocks within the Dow Jones Industrial Average
A funny thing happened on the way to the bank, however: GE’s stock fell by more than 55% in 2018. But for two other stocks, GE was the worst performer of the year of any within the SP
Mark Hulbert has been tracking the advice of more than 160 financial newsletters since 1980.
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