Hi - I’ve liked high yield bonds as an asset class for a long time. From a risk-return perspective, they’re a thing of beauty. I have always found a place for them (via an ETF) within my portfolio, sliding them in somewhere between stocks and investment grade bonds.
Recently, however, I have changed my mind.
Consequently, I’ve sold all my high yield bond holdings and plan to redeploy into dividend growth stocks.
Here’s the full article explaining why:
Why I Abandoned High Yield Bonds
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