The Error-Proof Portfolio: True 'Lies' That Yield Can Tell
If a fund's yield looks too good to be true, it probably is.
Stocks, bonds, and funds with healthy yields often beckon as an oasis of stability. This is especially true in uncertain economic environments. Investors don't have to take it on faith that an investment will eventually pay off for them; they can get paid as they go.
And in contrast to so many other financial statistics, it doesn't seem like yield would be subject to as great a fudge factor. What you see is what you get, right?
Christine Benz does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.