With the market turned sideways for the most of the summer, it was interesting to notice the move from smaller caps to larger cap stocks as the DOW started taking the lead from the NASDAQ.
This brought me to the conclusion that investors were looking for more defensive and safe stocks as time moved along. I was reminded of this chart that shows us how important defensive investing with dividend stocks is to the overall return of your investment over the long term.
I would also like to apologize for my lack of attention to this blog as I have been feverishly studying for the Conduct and Practices Handbook Exam which I write on Wednesday September 6, 2006.
Please bear with me and I will get back to investing full-tilt after the exam!
Wish me luck. Here is the chart: