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Reached For Yield And Got Burned: 3 Rules To Avoid My Mistake

“More money has been lost reaching for yield than at the point of a gun.”

— Raymond DeVoe Jr.

I’m thankful that getting robbed at gunpoint is something I’ve never experienced.

But I have made the mistake that so many income investors make.

I reached for yield … and got burned.

However, you can learn from my mistake. Here’s how.

This post appeared first on Money & Markets, LLC.