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Want Safety? Try These Income Securities

March 6, 2009
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Want Safety? Try These Income Securities

One of things I like best about writing Cabot Wealth Advisories is that it allows me to get outside my comfort zone–all week long I’m working within the growth stock system we follow at Cabot.  But occasionally, like any investor, I also look for alternative investments that I can use to grow my wealth.  That, after all, is why we’re all here. Personally, I tend to be sort of a barbell investor.  On one hand, I tend to be very aggressive on the growth side of the equation, running a concentrated portfolio of strong leading stocks during bull markets,...

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Ituran Location and Control: A Great Income Investment

January 28, 2009
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Ituran Location and Control: A Great Income Investment

Plummeting prices last year brought many stocks down 50% or more, so that their yields now look extraordinarily high.  My database now shows 63 stocks with annual yields of 20% or more. Allied Irish Banks is yielding 88.7%. Ashford Hospitality (a REIT) is yielding 54.9%. Atlas Pipeline is yielding 68.9%. And those are just a few of the A’s. But there’s something wrong with these stocks–business at every one of these high-yielding firms is faltering.  The stocks’ plunges tell us that.  And while the yields may look high today, they’re based on the past 12 months.  If business shrinks,...

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