Unusual Sources Of High Yield Income

As investors have increasingly turned to the stock market, I see many of them making a huge mistake: They overload their portfolios with traditional income groups like utilities and drug stocks, concentrating themselves in just two or three sectors and lacking any sufficient diversification. Don’t do that.

It’s important to mix up your income holdings and find stocks in non-related businesses. Having a portfolio of all utilities works … until we get an industry-specific problem, and then they could all decline. Your portfolio needs a mix of sectors to be truly diversified. Fortunately, we can use our Portfolio Grader tool to find stocks that will help you add some new flavors while still cashing sizable dividend checks: Geo Group (NYSE:GEO), AllianceBernstein (NYSE:AB)

Source: InvestorPlace

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