2024年2月9日星期五

Don’t become another “hold and hope disaster”

Mind Over Markets

VIDEO INTERVIEW: How to "Bullet Proof" Your Portfolio

Don't become another "hold and hope disaster"

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VIDEO INTERVIEW: How to "Bullet Proof" Your Portfolio

By John Persinos

 

Welcome to my video presentation for Friday, February 9. As the Federal Reserve ends its tightening cycle and gets ready to cut interest rates in 2024, where can you turn for reliable and safe high yields?

With that overarching question in mind, I interviewed my colleague Nathan Slaughter, chief investment strategist of High-Yield Investing and Takeover Trader. Those two advisories are published by Investing Daily's subsidiary, Street Authority.

Below is a transcript (edited for concision) of the video interview. My questions are in bold.

Nathan, you're a big proponent of high-yield stocks, for growth, income and safety. You've referred to the best picks in this asset class as "bullet proof." How do you define a high-yield stock?

We've all had to re-examine the definition of high yield in recent years. When I first broke into this business back in the late '90s, you could collect a risk-free 6.5% payout on U.S. Treasuries and get 8% on AAA-rated investment-grade corporate bonds. Not anymore. But we've never lowered our criteria.

Read More...

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