Is the Stock Market Going to Crash? I Don't Know. That's Why I Own This High-Yield Stock.
The one thing that you can be certain of on Wall Street is that bull markets will eventually be followed by bear markets (and vice versa). It's kind of like a pendulum, though, with extreme highs and extreme lows being driven by the emotional swings of investors.
I don't play that game and neither should you. Which is why I own high-yield Enbridge (NYSE: ENB). Here's why you might want to buy this stock too.
If you look at Enbridge's stock price you probably won't be impressed. The stock is down around 25% over the past decade. However, that's pushed the dividend yield up to 7.4%. That gets you nearly three-quarters of the way to the average 10% return that most investors expect from the stock market.
Source Fool.com
