Do utility funds turn you off? This one could brighten up your portfolio.
It wasn't so long ago that investing in a utility stock was thought to be somewhat ho-hum--reliable, but not at all sexy. Today, a lot has changed. Utility stocks--and the funds that invest in them--now give off quite a spark.
Consult any broker over the age of 50, and he or she will recall a time when utility stocks were considered income-producing investments for ultraconservative folks, such as orphans and widows who couldn't afford to lose any of the dividend income these stocks provided.
Continue reading this article -- and everything on Entrepreneur!
Become a member to get unlimited access and support the voices you want to hear more from. Get full access to Entrepreneur for just $5!