Publish date:

Load Up on Dividends, Don't Panic Over Volatility Says Strategist

As if Mondays aren’t bad enough, investors are faced with yet another potentially down day on Wall Street and their could be more of those days to come.

As if Mondays aren’t bad enough, investors are faced with yet another potentially down day on Wall Street. And there could be many more down days to come, as stocks remain under pressure from a trifecta of woes this winter – namely sliding oil prices, worries about China, and uncertainty over the Fed. But one market watcher says that doesn’t mean investors should cut their losses and run. ‘The bigger take away for investors is not to panic. We don’t want investors to do what they did in 2008 and 2009 and just get out of the market,’ said Kristina Hooper, U.S. Investment Strategist, Allianz Global Investors. ‘If they have a long enough time horizon they should remain invested, although we do think agility matters, and active investing matters in this environment.’ Hooper advises investors to add dividend stocks to their portfolios.

TheStreet Recommends