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Talk Your Book: Defining the Downside
Animal Spirits Podcast
The Advantages of High Yield ETFs
High yield junk bonds can be very risky but you really have no Protection against losses if the equity market turns. The 20% barrier is a similar level of yield with some more protection that you could see. You're not going to lose anything unless the s&p 500 goes down more than 20%. And you're going to receive that almost 9% distribution over the year That is a great trade-off for you if you don't want to trade the whole position totally.
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