We are drowning in post-election stock-market predictions, so let me go ahead and throw another one on the pile: This new administration will hurt the returns of folks who simply buy an index fund like the SPDR S&P 500 ETF Trust (SPY) and call it a day. I call SPY “America’s ticker” because, well, most Americans own it. If you’re reading this, there’s a good chance you do, too. Now, I’m not going to judge (well, maybe I will, but just a little bit!). Suffice it to say, the coming presidential term will usher in a true stock picker’s market—a time when prudent moves into, and out of, individual dividend payers will be key.… Read more