Seek Out Unconventional Yield Sources
I have received a lot of questions and inquiries about unconventional yield ideas the last few days. The search for yield in today's market has to be one of the more frustrating endeavors for an investor. Those who need income to fuel retirement or other living expenses have had to turn to the equity markets to find income -- and for many of these folks it is a new experience. For the past few years, buying the higher yielding blue chips has worked very well for most income seekers. Now these stocks have been bid substantially higher and there are potential tax changes that could affect them negatively. I have always been a huge fan of what I call unconventional yield sources and now more than ever investors should consider using these securities to provide much needed cash flow.
Before I mention some of the other names I like, I want to make a few crucial points about buying unconventional income. First, it is critical that you buy lots of names in an unconventional yield portfolio. The vast majority of these stocks have worked very well for me over the years, but as we have seen with Common Wealth REITs in the past year or so, not all of them are winners. Some picks just will not work the way you wanted in the time frame you desire. Second, as with everything, make the market work for you and buy weakness when pulling the trigger in search of yield. Third, always try to pay less than the value of the underlying assets....516 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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