Income investors need not settle for the piddling yields many blue-chip stocks offer today.
With the right security, they can capture far greater yield. Better yet, they can capture this yield while reducing their risk.
That’s right. Higher yield and lower risk.
The right security I’m referring to is an exchange-traded note
(ETD), which is an affordable debt instrument that is as easy to buy and
sell as any share of common stock.
And because an ETD is debt, it’s a contractual obligation to the
issuing company. It has a higher claim to a company’s earnings and
assets compared to common stock. (more)
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