Income Investors: Dump GE & Buy This Safer Income Investment Instead
Income Investors: Dump GE & Buy This Safer Income Investment Instead
by Louis Basenese, Advisory Panelist, Investment U
Senior Analyst, The Oxford Club
We’ve endured three consecutive weeks of losses for the S&P 500 (.INX). Never fun. But if you’re an income investor, ala Charles Dickens, the worst of times is creating the best of times…
Dividend yields now rest close to 15-year highs. Plus, the premiums from writing covered calls (the only safe options strategy) are significantly higher thanks to the extreme market volatility.
As far as I’m concerned, that’s an attractive one-two income-earning punch we shouldn’t ignore.
So how do we play it?
Not with the usual suspects… Read more…
2009 Archives, Dividend Investing, Louis Basenese, Top Home Page