Not surprisingly, the dividend-focus strategy already is quite popular on Wall Street. But that doesn't mean it's played out. David Rosenberg, chief investment strategist at wealth manager Gluskin Sheff + Associates in Toronto, is bearish on the economy but still sees appeal in high-income-paying securities of big-name companies that have strong finances (i.e., low debt).
He calls it his SIRP strategy: "safety and income at a reasonable price."
Try to be a disciplined opportunist: Trading short-term rallies within secular bear markets always looks easy in retrospect. But in seesawing markets, the advantage goes to the investor who can stay disciplined about buying favored securities when they tumble.