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| Curent Advice |
Today's uncertain markets still favor high-dividend paying stocks, mutual funds and exchange-traded funds (ETFs). In this issue, I focus on my favorite high-income plays, including a new recommendation.
I just returned from the World Economic Summit in the Bahamas, where more than 200 attendees met to discuss the outlook for the global economy and the stock market. Peter Schiff and Bert Dohmen made the case for a bear market in 2010, saying that our fiscal and monetary problems are so serious that government authorities cannot avoid another crash.
Deficit spending is chronic and requires fundamental reform.
Last month at the Orlando Money Show, I spoke with David Gladstone, president of Gladstone Capital (GLAD, $9.28, 9.2% yield).
Emerging markets have proven to be volatile in 2010.
Last month, the Fed finally felt comfortable enough with the economic recovery to raise the Discount Rate from 0.50% to 0.75%. Interest rates rose on Treasuries across the board. Investors anticipate that the Fed will raise rates further.
Incredible opportunities are developing in real estate these days. Homes and condos are begging to be bought.
Actions to Take This Month
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