In this episode of Buy Hold Sell, we take it to the experts to get their take on the highest-yielding stocks on the ASX. Livewire’s James Marlay spoke to Investors Mutual’s Michael O’Neill and Plato Investment Management’s Peter Gardner to discuss these five sky-high yield candidates.

However, a word to the wise: high yield can often be a tantalising trap. For this reason, the highest-yielding stock on this list (around 20 per cent trailing yield), was dubbed a “sell” by both our experts.