With interest rates at an all-time low, high-yield stocks have replaced bonds as the best option to provide a stream of income in a portfolio. What's more, they deliver the added perk of equity ownership for potential growth.
Dear Money Morning readers:
Midway through the year we've seen a lot of moving and shaking in the income sector. And with all the rumblings from the Federal Reserve about cooling quantitative easing as the economy staggers back to its feet, the implications of the long Treasury bull market's end is bringing both concern and opportunity to investors of all stripes.
Don’t fear the yield curve, yet. Rising interest rates won’t cause a crisis this year. But be prepared for 2014.
If you're wondering where the markets are headed next and how to protect your income, then this is something you have to read.
Learn where to put your money to work - and where not to put it...