Are These High-Yield Funds Right For You?
Published Mon, 09 Apr 2012 13:45:06 -0400 on Seeking Alpha
The market has finally regained a point that we have not witnessed since April 2008: Dow 13,000. Do you think that the market rally is overdone? Do you want to lock-in some profits and avoid the intense volatility that we have been witnessing recently? With the economic and political climates only becoming more tumultuous I have been concentrating on high yield opportunities. We all know about the blue-chip dividend companies but there are attractive funds with high yields that are going ex-dividend every week. This strategy can work in one of two ways: either you buy before the ex-date to receive the dividend or buy after if the stock declines far below the after-tax amount of the dividend. Regardless of your short-term strategies, these funds can really be attractive longer-term investments depending on your individual circumstances. To focus on these opportunities I ran a screen with a focus on relative... Read more