3 Wobbly 7%+ Dividends You Must Sell Now
Brett Owens, Chief Investment StrategistUpdated: November 20, 2017
You’ve probably noticed that we’ve been spending a lot of time digging into closed-end funds lately.
The reason is simple: These ignored investments can set you up for 7%+ dividends and quick double-digit upside in one buy!
But that doesn’t mean all of the 500+ CEFs out there are great. In fact, many boast dividend payouts they just can’t cover with earnings (see dangerous CEF No. 3 below), while others trade at silly premiums to their true value that practically lock in nasty surprises for shareholders.
It’s not easy to spot either of these snags by looking at fund fact sheets.… Read more