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Anyone like JNK?
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Topic: Anyone like JNK? (Read 2621 times)
sulaco
5 O'Clock Shadow
Posts: 73
Anyone like JNK?
«
on:
March 21, 2012, 07:44:13 PM »
I took a small position in JNK back in February and bought a little more this month. It pays about 7% in dividends per year, though has fluctuated about 10% in market value in the past few years.
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judgemebymyusername
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Re: Anyone like JNK?
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Reply #1 on:
March 21, 2012, 07:54:34 PM »
I wouldn't recommend it. Junk bonds have risk similar to equities without the upside return. You might as well just put your money into a S&P 500 ETF like VOO.
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Anyone like JNK?