Quote:
Originally Posted by Shazam
If course you should be careful  That's why they're junk. |
Not going to cut and paste it but if you click on the link you will see the top 10 holdings of HYG and rates of return for the ETF and they don't reflect the junk bond rates of return that you were suggesting so why not be cautious and look at bonds in the same way you look at stocks on a case by case basis. ETF's can sometimes be cheap but full of junk
http://finance.yahoo.com/q/hl?s=HYG