High-Yield ETFs? Be Careful

For sure, there’s a lot to be said for monthly dividend checks from securities making the payments that often. It’s a little like offering something for nothing.—and I’ve learned to reject something for nothing out of hand and to move on. High-yield ETFs have problems to discover before you invest in them. See:

http://www.marketwatch.com/story/be-careful-with-these-high-yield-em-etfs-2013-06-25-13461653

I like trouble-free ETFs that make monthly distributions of dividends. The larger problem found in monthly-distribution ETFs is that there are not many to choose from. See:

http://seekingalpha.com/article/1225271-the-monthly-dividend-etf-difference

Let’s take a fun moment for Bill Cosby in 1983:

http://www.youtube.com/watch?v=AdIRME3EpFY