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Article: Wealth Management Media Scan: What consumer financial wrote about this week.(Survey)
- Article from:
- American Banker
- Article date:
- December 18, 2007
CopyrightCOPYRIGHT 2007 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Sell-Off Upside
Though recent turmoil in the stock market may be frightening, Money says the sell-off could turn out to be a "blessing in disguise," especially for investors nearing retirement and worried about generating income from their portfolios.
Several key groups of equities - especially the blue-chip financials that have been taking a beating of late - are so depressed that they are offering yields not seen since the end of the bear market, according to the magazine.
At the same time, other stocks that have always paid rich dividends are becoming more attractively priced.
But investors looking to create a portfolio of ...