by Michael Tarsala
Mark Holder, manager of the three Covestor model including Net Payout Yields, tells Fox Business about one of the most common mistakes made by new investors:
“Following the herd tends to get [first-time investors] into the hot stock or mutual fund at the top,” he tells the network. “They’ll end up panicking out of a stock during weakness because they don’t understand the investment thesis.”
To the contrary, Holder believes that the best market opportunities come from some of the least-followed and least-appreciated ideas.
That’s one of the things he looks for in the Net Payout Yield model, in addition to stocks with a target dividend yield of 2 to 3%, and a net payout yield target of 8%.
You can read the entire Fox Business story here.
