Vanguard High Dividend Yield ETF (VYM) could be the ideal vehicle to anchor investors’ portfolios to stable income-generating assets while market returns from capital appreciation remain anything but predictable and guaranteed.
The recently released estimate-crushing inflation data caused the market to relapse into yet another bout in a seemingly endless chain of market volatility. A white paper co-authored by former Fed Governor Frederic Mishkin released on the same day has all but dismissed the likelihood of a ‘soft-landing’ citing a lack of precedents in which a central-bank-induced disinflation occurred without a recession.
Amid this seemingly endless volatility, VYM, an exchange-traded fund managed by The Vanguard Group, Inc., offers exposure to…
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