8 Tax-Free Dividends You Can Buy Now

Our Archive

Search completed

America’s richest investors are earning reams of tax-free income from an investment most people ignore, and today I’m going to let you in on it.

In fact, it’s hardly a secret at all. It’s just sitting there, in plain sight. And it’s very popular with the multi-millionaires and billionaires among us for one reason: as their investments throw off an ever-rising stream of dividends and capital gains, these folks get bumped into higher and higher tax brackets.

That hardly seems fair—and it feels like double taxation. But that’s how the tax system works. And this is where these dull-as-dishwater investments come in.…
Read more

Read More

Something tragic happened at the start of this month—but it’s such a familiar tragedy that no one should have been surprised.

If you held the PIMCO CA Municipal Income III Fund (PZC), however, I bet you were surprised—and now you might be panicking. A closed-end fund (CEF) that was soaring for months all of a sudden crashed, going from being up 12% year-to-date to down 2.8%:

Look Out Below

Until July 3, PZC was one of the best-performing municipal-bond funds in the world. While the CEF Insider Tax-Free Bond Index was up 6.1%, PZC had nearly doubled it, gaining a stunning 11.6%.…
Read more

Read More

About Author

Brett

Hi, I’m Brett Owens – and I’m a financial junkie. My “problem” started incollege, when I got a little dose of the stock market – man, was I hooked…in no time, I was reading the Wall Street Journal religously.

Sign up for our Newsletter

Categories