These days, I’m hearing from a lot of readers who are worried about this market rebound—and wondering whether they should buy high-yield stocks or sit on the sidelines.
They’re right to be worried—the S&P 500’s 19% surge (!) in the last 12 months has only been topped a handful of times in the last 20 years, and none of those 12-month periods saw a pandemic that shuttered the global economy.
Pandemic Strikes … Stocks Soar?
So what the heck is going on here? And how should you respond?
Well, here’s my (admittedly contrarian) take: the stock market should be at record highs, and you should be buying stocks now—especially high-yield stocks—as long as you choose the right ones, of course.… Read more