Buy These 11%+ Dividends Now, Get Set For 43%+ Losses

Buy These 11%+ Dividends Now, Get Set For 43%+ Losses

getty

You may not know it, but big pension funds are pulling billions of dollars out of one sector, leaving behind a group of stocks these big players will never buy again.

That's a clear signal that we need to avoid these stocks, too.

I'm talking about oil companies. In New Jersey, for example, legislators are trying to ban the state pension fund from fossil fuels. The state's Fossil Fuel Divestment Bill has bipartisan support, mainly because oil has been a clear loser for investors. We can clearly see this when we look at the chart of the biggest oil major of them all!

Exxon-Mobil



XOM

(XOM) peaked at a $500-billion market cap in 2007 and has been in a