I, however, believe that now is an excellent time to be buying yield, considering the fact that specific central banks are now indicating that raising rates steadily over the next few years may not be in the cards due to the susceptibility of this new-age economy to higher interest rates.
As household debt levels have continued to climb, the ability of borrowers to repay larger debt loads will become restricted and potentially lead to a correction or recession, leading many to believe we may be approaching a ceiling in terms of interest rate hikes for the time being.
For investors interested at buying a portfolio of dividend yielding stocks, buying into an exchange traded fund (ETF) such as iShares U.S. High Dividend Equity Index ETF (CAD-Hedged) is one way of gaining exposure to equities with high yields and the U.S. market, without garnering exposure to currency fluctuations between the two countries.