A portfolio of high-dividend stocks may seem like an enticing, low-risk alternative to bonds,...

|By:, SA News Editor

A portfolio of high-dividend stocks may seem like an enticing, low-risk alternative to bonds, but don't be fooled, Felix Salmon writes; barring a wave of defaults, bonds remain a safer bet. But he notes one good thing about holding stocks as part of a low-risk portfolio: "Debt is treacherous, and hides its risks; with stocks, the risks are out there in the open for all to see."