Sunday, August 7, 2011

Hedge against Market Weakness

Looking for an ETF that has steady returns during strong stock market, but even better during weakness, check out LQD.  Investment Grade Corporate Bond Fund.  After breaking out of the uptrend channel a few weeks back on market weakness, it pulled back on Friday with the market bounce.  Has a dividend of 4.5% on top of a 6% year-to-date gain.   Should continue to show strength even when the overall market does not.


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