If You Are In It For Dividends, Think Again

Once considered a haven from the downward spiraling market, dividends aren't looking too hot. Many banks had to cut their dividends to a penny to comply to government bailout regulations. A lot of other companies had to cut dividends to deal with bad debt and other expenses they have been racking up while losing sales. If you are an investor who is hoping to just stay even throught the next several months by investing in high yielding stocks, think again. Do your research. Check out their financial statements. Make sure their dividend will stay at a higher yield and won't fall back like so many others. Look at high yielding healthcare stocks. They are the safest bet in their financial statements as well as their stock price. There are no risk free anything anymore until we get back on our feet and work on our fiscal policy. Everything you want to invest in has its pros and cons. Just be wise.