Thanks to the Federal Reserve deciding to keep interest rates at
near-record lows, the rewards for people that love to save are
almost non-existent at banks today.
Talk to any of your older friends and relatives who like to
research CD rates are and you'll see the look of disgust on their
faces. At Dividend.com, we are continuing to carry the torch for
what people need to be doing today with their hard-earned capital.
We are not wildly bullish about the stock market, but at the same
time, we see areas of potential opportunity for investors to
continue the discipline of putting their money to work.
When we see the carnage of momentum trades heading south, as in
this morning's case of Capella Education (
) (which opened up today down almost 20%), we feel fortunate to not
be pushing investors to taking extreme risks in the market. Trading
is a tough game, and for most, a dangerous game. In the case of
for-profit education play, CPLA, and others such as ITT Educational
) and Strayer Education (
) , the last 2 weeks have been bloody. Capella was trading at $93 a
share two weeks ago, and just sunk to below $60 earlier today. Data
out from the Department of Education is showing that only 20% of
students are repaying their federal student loans. This has caused
a panic in the education sector that new government regulation
could be forthcoming. Again, if you are one to take risks in the
market at times, adopt a form of discipline that will limit your
Elsewhere, the market was able to creep up off of earlier lows.
Trading was mixed all around, with stocks like Deere (
) and Johnson Controls (
) finishing higher, while EOG Resources (
) and Sysco (
) lagged. Volume continues to drag, with 3.14 Billion shares traded
on the NYSE and 1.6 Billion shares traded over on the NASDAQ.
As always, be sure to check out our currently "Recommended"
dividend stocks on our
Best Dividend Stocks List
. See you tomorrow!
Be sure to visit our complete recommended list of the
Best Dividend Stocks
, as well as a detailed explanation of
our ratings system here