Success in so many areas of life depends on keeping a cool head, and looking beyond your emotions. Running off blindly at the first sign of shadows is sometimes as dangerous as being oblivious to the risks.
Over the last decade or so, I’ve been flabbergasted at the number of investors who have reduced their exposure to financial stocks – or in some cases, written them off entirely.
Yes, I know all about Lehman and Bear Stearns and AIG. I lived through the disaster of 2008 alongside everyone else. But I also have relied on the return of generous dividend practices over the last decade that have made financials once again the go-to sector for income investors.
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