“Sell America” Is Dead, but Nobody Told These 3 Popular Funds

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“Sell America” Is Dead, but Nobody Told These 3 Popular Funds

Remember a few months ago, when the “buy Europe” trade was red hot?

Well, if you’re like me, you’re wondering where all the hype went! Now “buy America” is back on, but European markets are still sky-high—well ahead of their American cousins.

That spells trouble for anyone with a portfolio that’s still tilted too much toward Europe.

So today we’re going to look into where things are headed (hint: back to the US in a big way!). We’ll also delve into three funds with European exposure (two of which are closed-end funds sporting double-digit dividends) that I urge you to hold off on now.… Read more

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These 10% Bond Deals Are Still Around (But Their Discounts Are Closing)

There is a ton of demand for bonds out there right now, and it’s easy to see why: they’re offering big income streams—especially when you buy your high-yield “corporates” through our favorite income plays: closed-end funds (CEFs).

These days, there are plenty of CEFs kicking out yields of 12% or more. Put just $10,000 in a dividend-payer like that and you’re getting $100 per month. Or you could replace the median American income of $41,261 a year with just $342,842 invested.

These days, thanks to the Fed’s rate hikes, holding bonds—and essentially becoming a lender by doing so—means a lot more cash in your pocket, since you’re essentially “lending” at rates not seen in over two decades.… Read more

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