By the way — I have some DVY — a dividend-yield-seeking ETF. I’ve had it for years, and seen it go from profitable to underwater back to profitable. Typically yields 3+ percent.
Near market opening today, it dropped $14 at one point! It tripped the single-stock circuit breaker 2 or 3 times.
It’s now back up to ~$72, off only a couple bucks (and still well in the black for me — I bought in at $60-something).
I totally can’t figure out why DVY got clobbered so hard in early trading. Apparently some folks with money burning a hole in their pockets couldn’t understand either, because they bid it right back up. Whew!
Remember, you are an INVESTOR, not a stock trader. This is for ten years, twenty years down the road, and not next week.