An investor could decide that the SPDR Dow Jones Industrials Trust (DIA) is a safe way to get back in. However, it would be more sensible to wait for DIA to pull back to its 50-day moving average for an increment. That's roughly a 4.2% pullback from current levels.
In truth, the only investments that intrigue me at the moment are those that are closer to that 50-day moving average and those with above-average yields that might offset a larger-than-anticipated pullback. Think GlobalX SuperDividend (SDIV). This exchange-traded fund tracks an equal-weighted index of 100 of the highest yielding securities across the globe, largely from Australia and the U.S. SDIV pays out monthly at an annualized distribution yield that is approximately 7.8%. Keep in mind, SDIV is heavily allocated to REITs and telecom.
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