2 Ultra-High-Yield Dividend Stocks That Billionaires Are Buying Hand Over Fist
Any way you look at it, putting your money to work in the stock market has been awfully frightening this year. All three of the major market indexes experienced peak-to-trough declines of more than 20% this year.
This has been a rotten year for most of the stocks in the major market indexes, but these dark clouds haven't stopped billionaire money managers from buying certain stocks hand over fist this year.
Billionaires have been particularly eager to buy ultra-high-yield dividend stocks, and it's not hard to see why. Businesses that have profits to distribute generally outperform businesses that don't. Here's a look at two dividend stocks that the world's most successful investors were buying hand over fist in the third quarter.
Source Fool.com
