Why I Just Bought This Ultra-High-Yield Bond Fund
I like stocks. I own plenty of them. I've made pretty good overall returns through the years from them. I even write about them for a living.
Bonds, on the other hand, haven't played a big role in my investing strategy thus far. However, that changed recently. I deployed cash into the DoubleLine Yield Opportunities Fund (NYSE: DLY). Here's why I just bought this ultra-high-yield bond fund.
In January, my Motley Fool colleague Dan Caplinger wrote an article about why bonds could be a better investment in 2023 than they were in 2022. The bar for achieving a better performance is really low, considering that 2022 was the worst year for U.S. bonds ever.
Source Fool.com
