Rising Risks In The Quest For Yield | Seeking Alpha
Eric Parnell has written an interesting article that warns about the danger of reaching for yield. I respect Eric a lot, but one of the dividend stocks that he mentioned has done very well in the past year. DVY has gained around 20% in addition to paying a 3% dividend. I agree with Eric that we need to be safe around stock market tops, but DVY is too good to pass up. Since the latest ISM economic report was at a safe 59.0, I plan to buy DVY for the gain although I will be keeping an eye open for the exits, too.
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