Nearly all dividend stocks are 'way overpriced' now

Money Life with Chuck Jaffe

Rob Isbitts, chief investment strategist at Sungarden Investment Publishing, says that with the yield on the Standard and Poor's 500 is as low as it has been in years, investors trying to find good buys on dividend stocks are looking for the proverbial needle in a haystack. Isbitts, who has developed a new investment factor he calls YARP -- for 'yield at a reasonable price' -- says that yield-oriented investors are taking on too much risk for the distributions they're getting right now, a situation that's unlikely to change until the market goes through some sort of correction. Also on the show, Paul Dilda of BMO Harris Bank discusses BMO's Real Financial Progress Index and 'the knowing-doing gap,' where consumers know what they should so but aren't actually getting it done, Tom Lydon of ETFTrends.com looks to China for his ETF of the Week, and Benjamin Bailey of the Praxis Mutual Funds talks about fixed-income investing and the economy in The Big Interview.