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Re: AlwaysRed post# 916

Tuesday, 03/09/2021 11:49:26 AM

Tuesday, March 09, 2021 11:49:26 AM

Post# of 964
Ultra high pay stocks or ETFs are often sucker gimmicks targeting unsophisticated old geezers desperate for income. Over a period of several years, one will likely do better in blue chips with market rate yields that grow. Beware BDCs, mREITS, MLPs that use high leverage (i.e. high debt) to juice their payouts.

Also diversify because you can expect a fair number of high yield stocks to fail in tough times. No frills index funds such as DIA or SPY provide safe and growing dividends.

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