08-18-2014, 05:59 PM
(08-18-2014, 11:53 AM)Slowlife Wrote: It seems like, if my goal is to build a diversified portfolio, I should avoid paying someone else and do it myself. But what about an ETF like JNK (I literally know nothing about this other than it invests in bonds, pays a distribution and takes it's cut via the expense ratio)?
Have you looked at the 5 or 10 yr history of distributions? Apr 2009 it paid 45 cents, and has fallen steadily, today its 19.34 cents.