More importantly, I made the case that if you're invested in long-term bond funds right now, you could be setting yourself up for double-digit losses in less than a year's time.
So if long-term bond funds are risky, and we are given a pittance in exchange for our hard-earned dollars in short-term bonds, where are income investors to turn?
An investment with a dividend yield over 3% would be nice for starters -- beating the 2.6% yield that the 10-year Treasury currently offers, without locking up your money for the next 10 years.
But why stop with a 3% yield? How about something that would give us an income raise every year, even through market corrections and recessions? (more)
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