Want Decades of Passive Income? Here Are 2 ETFs Worth Owning Forever.
Key takeaways
- If you want to own a consistent income-producing machine in your portfolio, you need to focus on stocks with healthy balance sheets, strong cash flows, and a commitment to dividend sustainability.
- Those factors are as important now as they have been at any point since 2022.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
If you want to own a consistent income-producing machine in your portfolio, you need to focus on stocks with healthy balance sheets, strong cash flows, and a commitment to dividend sustainability. Anything other than that, and you risk inconsistent distributions or even dividend cuts if you take yield chasing too far.
Those factors are as important now as they have been at any point since 2022. That was the last time high inflation and high interest rates beat up tech, growth, and low-quality stocks. It was the durable, defensive stocks that held up well and even generated gains in some cases. The market s focus is still on tech and artificial intelligence (AI) stocks, but long-term-oriented portfolios are benefiting from smart dividend-income strategies.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »