04-08-2021, 07:26 AM
A look back to 2020 is helpful. Mercifully brief but a sharp 30% market pull back complete with a serious bond market scare. The high yielders get beat up if they are pushing their luck on leverage, offering credit to high risk clients etc. The well managed ones with a solid history bounce back. As Guru pointed out it's not fun waiting years to get your capital back in dividends.