Warning: These 10 Funds Could Pull a 2008 Repeat (sell now)
May 27, 2019 at 06:00 AM EDT
I want to show you 10 funds that yield up to 9.4%—and that you should sell now (or steer clear of if you don’t own them). Of course, near-10% yields are attractive, and I often see attractive funds yielding as much as (and more than) the 10 funds I’ll reveal in a second. But sometimes a big yield is too good to be true, and that’s the case here. The reason I’m saying this now? These funds have been on a tear in the last few months, which is far out of character for both them and their asset class. I’m talking about utilities funds.… Read more