Matt Hougan Discusses the Risks of High-Yield ETPs (JNK)
Have you ever wondered how billionaires continue to get RICHER, while the rest of the world is struggling?
"I study billionaires for a living. To be more specific, I study how these investors generate such huge and consistent profits in the stock markets -- year-in and year-out."
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Matt Hougan, president of ETF analytics at IndexUniverse.com, discusses the risks of high-yield, exchange-traded products. He gives his opinion on Junk Bonds (NYSEARCA:JNK), and where he feels people should be looking to put their money right now.
Listen to the full “Bloomberg” interview: HERE