The market may have just reached an inflection point. The way in which you make money going forward could be substantially different.
For quite some time, stocks that generated good yields were relatively safe and attracted new buyers on a regular basis because the so-called dividend yielders had little to no competition.
However, on Wednesday, the paradigm shifted in a big way. Ben Bernanke hinted that the economy appears to be improving to a point where the Fed could start winding down its bond buying program by the end of this year and wrap it up entirely in 2014
That's a game changer.
In an attempt to goose the economy, the Fed has been implementing stimulus that's driven interest rates sharply lower. For example, in July 2012, yield on 10-year Treasuries hit 1.394% an all-time low.
With Treasurys generating such a paltry return, dividend yielding stocks were the only game in town.