Why dividend investing is hard to ignore

Investors have had to contend with much larger price fluctuations in recent years than ever before. Moreover, the credit crisis has changed the way investors view the markets' behaviour. At any rate, the basic concept of modern investment theory - that markets are efficient and any problems will resolve themselves - was shattered during the crisis. Many financial markets were disrupted and ceased to function. Investors also had to abandon their belief in a world of ongoing reasonable economic growth and low inflation (the Great Moderation). Another firm conviction of many investors th...