High yielding ETFs…
Posted on Aug 25, 2009 by WHC Bassetti in Letters
In general we don't particularly look at yield -- in general because it's so miserable on standard issues. But here are some ETFs which do have respectable yields ranging from about 7 to 13%. JNK here is approaching resistance in the form of bear trend lines and horizontal resistance. But there is a way to play this, as well as the other issues we will mention here. Divide the capital you want to invest into three or four tranches and put 1 tranch (or unit) in now, with a stop 5% under the nearby low. If the resistance is overcome put in another unit, and so on.
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