The most recent wave of October volatility has come and gone, but it offers year-round lessons for financial advisors on helping clients focus on the long term using dividend-paying stocks.
Halloween isn't the reason that most investors are nervous until October ends each year. Many will recall that 1987 had the worst October in modern stock market history when the S&P 500 plunged 21.76% during the month. And stocks have experienced four other double-digit percentage drops in the 10th month of the year -- in 1929, 1932, 1937 and 2008.
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