My “Secret” Post-COVID Buy for 5.6% Dividends and Big Gains
Michael Foster, Investment StrategistUpdated: March 25, 2021
Don’t listen to the pundits who say you’ve missed your chance to buy the dip in tech stocks. There are still deals on the table—and I’ve got a way for you to grab a slice of the gains to come while pocketing a 5.6% dividend that’s growing.
That way leads straight through a high-yield closed-end fund (CEF) we’ll dive into in a second.
CEFs have long been my go-to for tech investing, mainly because, even in a rising market like this one, you can still get dividends of 5%+ from tech CEFs—payouts you’d be very hard-pressed to get by buying tech stocks “direct.”… Read more