Chasing high yield junk seeking extra income
Anyone chasing high yield junk seeking extra income needs to think twice. SWYSX Daily Chart click 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