The Santa-Claus Rally seems to be an annual investing rite of passage, one that investors can count on like clock-work. Like many astute investors, I don’t try to time the market. Since I haven’t had the extra cash to invest or wanted to sell any of my positions, it’s a moot point. I’ve been quite content to let the dividends roll in and wait out the turmoil. However if we all fall off the Fiscal Cliff this month, I am ready to deploy capital via selling another chunk of bond ETFs.
Are You Ready for the Fiscal Cliff?
Already concerns over resolving the Fiscal Cliff were looming over markets this morning, with the DOW off about 115 points or a mere 0.8%. Although more media hype than substance, U.S. political wrangling is shaking global markets, and making investors around the world nervous. If there is a market sell-off this coming January, that would be a nice bonus for us dividend investors. We like to add positions to our favourite companies when the news is gloom and doom. In the meantime, I’ll just let the dividends roll in. 😉
It’s that time of the week again. Check out these great reads from around the web!
An Investment in Union Pacific @ Dividend Growth Stock Investing
Holding vs. Deploying Cash @ Dividend Mantra
Emera EMA Dividend Stock Analysis @ The Dividend Guy
Smart Guys versus the Dummies @ DIY Investor
Buying Blogs vs. Building from Scratch @ Web Ninja (re dividend stocks)
How to Profit by Giving it All Away Financial Mentor @ SPI
Have a nice weekend everyone! Christmas is almost here. 🙂