Anyone chasing high yield junk seeking extra income needs to think twice.
SWYSX Daily Chartclick on chart for sharper imageWords To Avoid
High Yield, Yield Plus, Structured SIV, VIE Enhanced "Almost" Like Cash, Toggle, Junk Vehicle, Leveraged
Those in or thinking about getting into any product that uses those words may wish to reconsider. Furthermore, when it comes to funds or products that use the word "Government", make sure the fund invests in genuine government backed securities such as US treasuries or Ginnie Mae securities not agency debt like Fannie Mae or Freddie Mac.
Mike "Mish" Shedlockhttp://globaleconomicanalysis.blogspot.com
Schwab YieldPlus
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