I keep reading that utilities will take a beating when the Fed stops giving out free money though.That's true with just about any dividend paying stock. When the Feds cut the rates to near zero, people had to go somewhere.So you buy some dividend stocks. Fed stops QE(x) and rates go up. Your stocks go down. If you're not in it for the capital gains, who really cares as long as they keep paying out their dividends? (within reason, no one wants to see a 50% haircut)JLC
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