Worried About a Stock Market Sell-Off? Consider This Ultra-Safe High-Yield ETF
There's a good chance you got into the stock market for the opportunity to invest in exciting companies that can change the world and make you rich in the process. Utilities are not that opportunity.
But they can be a beautifully boring investment that can produce stable returns over time while also helping you sleep at night. And for a lot of folks, that's a smooth road that can lead toward achieving financial goals.
The utility sector has missed out on the market rally this year and is currently hovering around a two-year low. The sell-off has pushed the yield of the Utilities Select Sector SPDR Fund (NYSEMKT: XLU) up to 3.1%. Here's why it's the best utilities exchange-traded fund (ETF) to buy now.
Source Fool.com
