How Dividend-Paying Stocks Provide Protection in a Declining Market

WEALTHTRACK
WEALTHTRACK
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Published 2023-03-24
This week, the Federal Reserve raised its key short-term interest rate for the ninth consecutive time, bringing it to the highest level since September 2007. While Fed Chair Jerome Powell acknowledged the dilemma that the Fed officials faced, the banking system's turmoil has been a cause of concern following the recent bank failures. However, Powell assured that the banking system is sound and resilient, and the Federal Reserve is prepared to use all tools as needed to keep it safe and sound. In other news, dividend-paying stocks are gaining new respect among investors, and they are proving to be a protective asset in times of market volatility. ClearBridge Investments' Dividend Strategy Fund has been named one of "The Best Dividend Funds" for 2023 by Morningstar. Michael Clarfeld, co-portfolio manager of the fund, is with us to explain why high-quality companies with histories of growing their dividends are particularly valuable now.

00:00 Hello
00:32 Introduction
02:42 Interview with Michael Clarfeld
22:35 One Investment
24:25 Action Point

#FederalReserve #inflation #jobmarket #bankingsector #economy #savings #credit #dividends #investors #DividendStrategy #Morningstar

WEALTHTRACK Episode 1939 broadcast on March 24, 2023
More info about the stocks mentioned and the Dividend Compounders list:
wealthtrack.com/the-many-benefits-of-dividend-payi…
All Comments (21)
  • @seanharrington4768
    What a fantastic interview and guest on Wealth Track. Mike had the heart of a teacher with his divided stock recommendations, thank you !!
  • @joannemeeks745
    Excellent interview, and I can't wait for the next interview on building a retirement portfolio.
  • @benedit71
    Great interview, quite a few investing nuggets in one segment!
  • @rr2b
    Fantastic guest! Great education ❤
  • @tsabo8227
    Good interview as usual, with many questions i had, answered. Thanks Consuelo. Really like dividend paying stocks in this enviornment
  • @antonomaseapophasis5142
    I believe 90% of discussions on this channel are about devising strategies for improving returns. I would never dare to say that this is easy, but I would say there are relatively simple methods of participating in the long-run historical rise in markets. Of course that is no guarantee of the future. What I do find vexing is selling. Even if a 4% rule, or some other wheeze, is decided upon, you are left with the problem of actually selling, and I don’t see much explanation of the mechanics of planning. Does one use an inverted Dollar Cost Averaging? There is the same temptation to time the market on the sell side as there is on the buy side. Do you have any references on this? Will there be an episode devoted to this subject?
  • @michaelswami
    Consuelo is the 🐐 of financial interviewers. Thanks so much for this great guest
  • @cjdch6604
    Err - i went through his Portfolio - firstly performance been bad. Also Median Div Y is 2.5% which after their 0.85% expense ratio is 1.65%!... not exactly a dividend fund with S-T rates 5%.
  • @antonomaseapophasis5142
    I bought some, if not most, of the stocks on the list Hersh Cohen offered in 2012?. They coincided with holdings in my fund and ETF allocations, but I believe their returns were more efficient in that I have simply held them. Thank you.
  • @marcb934
    In investing your get what you don‘t pay for. However nice view!
  • @jeffmilligan7030
    Good interview. He speaks far too fast. If he gave this interview to promote the fund he runs, and intends to give more, he should get a speech coach to train him to stop speaking at a breakneck rate that is hard to follow.