High-dividend yields entice investors who love income with the hope of choosing what to buy wisely.

The desire for high-dividend yields is common, but requires quality research to determine whether the payouts are sustainable. Income investing aficionados are vulnerable to becoming enamored with high-dividend yields that could cause share price plunges if the payouts are later cut to curb shrinking cash holdings.

One income investing veteran who seeks out high-dividend yields in real estate investment trusts (REITs) and master limited partnerships (MLPs) is Bryan Perry, who leads the Cash Machine, Premium Income, Hi-Tech Trader, Quick Income Trader and Instant Income Trader advisory services. The Cash Machine service focuses on income investing with a goal of recommending investments that pay a dividend yield of at least 10 percent and could produce an even higher total return by counting share-price gains.

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Paul Dykewicz, www.pauldykewicz.com, is an accomplished, award-winning journalist who has written for Dow Jones, the Wall Street Journal, Investor’s Business Daily, USA Today, the Journal of Commerce,Seeking Alpha, GuruFocus and other publications and websites. Paul is the editor of StockInvestor.com and DividendInvestor.com, a writer for both websites and a columnist. He further is the editorial director of Eagle Financial Publications in Washington, D.C., where he edits monthly investment newsletters, time-sensitive trading alerts, free e-letters and other investment reports. Paul previously served as business editor of Baltimore’s Daily Record newspaper. Paul also is the author of an inspirational book, “Holy Smokes! Golden Guidance from Notre Dame’s Championship Chaplain,” with a foreword by former national championship-winning football coach Lou Holtz. Follow Paul on Twitter @PaulDykewicz.