Buy Low – The Brave Way | XLF , DVY

Money Magazine’s Carolyn Bigda, Paul J. Lim and George Mannes recently published a series of tips to make “lemons into lemonade” in their article 21 ways to stomach a sour market.

Tip 15 is to “Buy Low – The Brave Way”. The tip is based on an observation by contrarian investor David Dreman, “we’re going to look back and ask ourselves why we weren’t more aggressive in picking up bargains in this market.”

Money suggests that a safer play than individual stocks is to buy ETFs like the Financial Select Sector SPDR (XLF) or the blue-chip iShares Dow Jones Select Dividend Index (DVY), which invests in many sectors.

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