For instance, faith in SPDR Select Sector Staples (XLP) has rarely been higher. Its uptrend remains entirely intact and it is a mere -2.5% off of its multi-year peak.
In the same manner, there are a wide variety of less volatile income producers that could be bought on the dips, from Vanguard High Dividend Yield (VYM) to Guggenheim Multi-Asset Income ETF (CVY). The 3.5%-5.5% annualized income should help to offset the persistent fears of a cataclysmic end to the investment universe. Either way, appropriate ETF hedges and intelligent stop-limit loss orders should help one rest easier about “being in.”
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