Updated: August 21, 2017
The desperate hunt for yield is getting way out of hand—and it’s setting up a terrific buying opportunity for you and me.
How out of hand?
Consider that some investors are so income starved they’re piling into sovereign bonds from Iraq—a country that’s still a war zone!
The latest issuance of five-year bonds by the Iraqi government was slated for $1 billion. But investors spied the 7% yield on offer here and crashed the doors, racking up nearly $7 billion in orders.
It’s sad, and totally unnecessary.
A Secure Portfolio With a Life-Changing 8% Yield
The worst thing is, in their scramble for income, the herd is charging right past yields that are even bigger—and far safer—here in the U.S.A.,… Read more