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by zie 52 days ago
Very different risk profiles.

Bonds are about steady cash flow, not about total return. "stable" dividend stocks are almost never really stable when the financial world crashes.

1 comments

    > "stable" dividend stocks are almost never really stable when the financial world crashes.
Completely agree. Also, many div stocks are just one industrial accident or scandal away from a huge drop in their stock price. People who tout preferred shares are in a similar camp in my opinion. As we discovered in 2008/2009, during a crash, there is no where safe except cash. Suddenly, all financial assets have a correlation of 1.0.