You can count on dividend stocks to make you money regardless of the stock price during times of uncertainty while your neighbor incessantly checks the latest quote. Every investor wants the highest yield possible, but you have to be smart or risk disappointment.
While tempting to find and buy the highest yielding stocks you can, don't allow yourself to get tricked by Wall Street's version of fool's gold. Many investors are lulled into what's known as a dividend trap. Dividend traps are stocks with a high yield because the smart money is exiting as fast as they can. That's why I like Cisco (CSCO) and Fifth Street Finance (FSC).
Source: TheStreet
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