They know the market well and understand that stocks will rise and fall depending on market conditions or the environment.
When the stock market is doing better than expected, speculations are rife that a severe correction is next.
Such a reaction is expected these days, given the selloff in March 2020 when the global pandemic hit.
The advice is not to make emotional decisions if you don’t want to ruin your long-term financial goals.
You can enjoy the best of both worlds: capital protection and a consistent income stream.
John’s, Canada, is 136 years old, and engages in regulated power generation, electric transmission, and energy distribution.
You can liken Fortis to bonds because its assets are highly regulated, virtually 100%.
The size of Fortis has more than doubled over the last five years due to this successful approach in expanding its regulated utilities in the United States.
Since management expects the rate base to grow significantly in the next five years, it plans to increase dividends by 6% annually through 2025.
The utility business of Fortis is a stable business that practically shields the company from economic fluctuations or disturbances.
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