Your Ticket for Yields Up to 12% (But Get Out Your Passport.)
July 28, 2023 at 05:00 AM EDT
AI is popular. Emerging market bonds, needless to say, are not . Which is perfect for us responsible contrarians striving to retire on dividends. The more neglected an asset, the better. But what’s the catalyst for these big yields? I’m talking dividends between 6.5% and 12.1% , by the way. That’s easy. When the buck gets banged up, these funds soar. And that is exactly what is playing out today. The US dollar has been en fuego for the past decade. I know, it’s hard to believe given noise from the “demise of the dollar” crowd. But these guys have lost a lot of money betting against the buck.… Read more