Updated: May 17, 2016
Forget fixed income – it’s dead, at least as we knew it. It is still possible to earn secure, meaningful yields – with price appreciation to boot – but it requires a new-look portfolio.
Interest rates have languished below 2% virtually all year long. We started off at 2.27% and it’s fallen steadily as the year presses on. Now hovering in the 1.75% range, there’s not a lot of profit to be had in conservative investments.
Luckily there are some select stocks that offer both growth potential as well as healthy dividend yields. If you’re looking for income, sell your Treasuries and buy these issues instead.… Read more