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Stock impact report

A Terrifying Market Collapse: Here's What To Do Now [Forbes]

John Hancock Tax Advantaged Dividend Income Fund Common Shares of Beneficial Interest (HTD) 
Company Research Source: Forbes
Photo Credit: Getty With the stock market collapsing 6% from its all-time high in just two weeks, a lot of people are freaking out. Don’t follow them! Because now is the best time to buy we’ve seen in a long time. Before I show you my top 3 “buy now” indicators—which are all blaring green—and a bargain 7.5%-yielder to jump on now, let me first say that we’ve been here before . In mid-February, with the market again on its back, I urged readers not to panic. We are now in a similar position with stocks. But given the wild swings we’ve seen in the last few weeks, I understand if you’re still skeptical. That’s why I’ve written up the 3 rock-solid “buy now” indicators I’ll show you next. Buy Indicator No. 1: Third Quarter Profits Are Soaring In both the first and second quarters of this year, S&P 500 firms reported earnings that demolished expectations and delivered record growth. That trend isn’t stopping. While it’s early for third-quar Show less Read more
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