Why You Need to Invest in Closed-End Funds
Michael Foster, Investment StrategistUpdated: March 10, 2020
By now you probably either invest in closed-end funds (CEFs) or have heard more folks talking about them.
There’s a good reason why: dividends!
With 10-Year Treasuries yielding barely 1% and your typical S&P 500 stock paying even less—just 1.7%—there’s a very good chance none of the folks you know are clocking dividends that can even beat inflation, let alone provide a decent income stream!
So when an investment comes along throwing off yields of 7%, 9% … even 11%, people take notice.
In a moment, I’ll show you exactly why these outsized yields exist—and how to grab a slice of this cash for yourself.… Read more