This “Hidden” Bull Market Is Just Getting Started

Plenty of investors buy corporate bonds because they think they’re safe investments. That makes sense. After all, you do get your principal back at maturity. But corporates still have plenty of risks—particularly now, with interest rates arcing higher. That’s why I’m recommending another asset class that’s set to deliver even higher yields and fatter capital gains—with much less to fear from interest rates. More on that in a moment. First, let’s unpack these ideas one by one, starting with why so many investors just can’t kick their corporate-bond habit: corporates tend to offer higher yields than stocks while giving you exposure to the same companies. For instance, let’s say you want to add to your portfolio’s financial sleeve, and you’re considering JP Morgan Chase & Co. ... Read more