These supercharged income stocks, with yields ranging from 7.7% to 18%, can deliver 150% total returns over the next five years.
Your eyes are not deceiving you: It's been a bad year for investors. Since hitting their all-time highs between mid-November and early January, the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite have plunged by as much as 22%, 26%, and 35%, respectively, through Oct. 12. To boot, the bond market, which is traditionally viewed as a safe haven, is having its worst year in decades.
But amid this tumult is a silver lining. Every single stock market correction and bear market throughout history has represented a buying opportunity for patient investors. That's because all of the major U.S. stock indexes eventually recoup their losses and push to new highs, courtesy of a bull market.
In other words, it's not a matter of if you should be a buyer right now; it's simply figuring out what stocks you should buy. The most logical answer to that question might be dividend stocks.