On Memorial Day, Americans pay respects to members of the armed forces who made the ultimate sacrifice in service to their country. The holiday of remembrance also kicks off the start of summer, a three-month stretch when vacations and time at the beach allow for a slower pace and time to reflect on investing goals, progress and your current portfolio.
More than six years old now, this stock bull market is already the third longest in the past century. While it’s natural to assume that stocks are due for some kind of a correction after such a winning streak, timing that tumble has bedeviled the experts.
One way to protect yourself is to own stocks that already look cheap. Additionally, you could select stocks that pay sizable and rising dividends so that even if prices are stagnant or falling, you’re earning money.
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