The market pullback that began in September continues, fueled primarily by the rising risk of a US debt default after October 18th.
A highly overvalued market combined with a potential financial crisis was the biggest reason analysts were expecting a 10% to 20% correction.
For investors with diversified and prudently risk-managed portfolios such a sharp, short-term market correction is a potential opportunity to buy the world’s best companies at attractive valuations.
Today three companies represent some of the fastest-growing dividend aristocrats and excellent watchlist targets for a 2011 or late 2018 style market correction.
Buying these rich retirement aristocrats at fair value or better during a future market crash is precisely how you can set yourself up to not just retire rich, but stay rich in retirement, no matter what happens with the economy or stock market in the short-term.