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This 10% Yield Is Circling the Drain: Sell Now

At the start of June, I warned investors to avoid a certain fund like the plague. It’s down almost 10% since then. Of course, anyone long the fund was turning a blind eye to the very real dangers lurking behind it. Today I want to talk about the mistake they made and how we can avoid repeating this blunder in the future. First, let me tell you what fund I’m talking about. It’s run by one of the greatest investment companies in the world, with one of the best track records out there; in fact, it’s one of the few companies that has consistently beaten the market for over a decade across most of its investments.… Read more
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