The Sale of the Century: Three Funds for 10.6% Dividends

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Today I want to show you how to build a “three-click” income portfolio that gives us three things every income investor craves, especially these days:

  1. Big discounts on our investments.
  2. Big dividends, with a 10.6% yield averaged out across three funds.
  3. Wide diversification, with investments from across the economy.

Put the three closed-end funds (CEFs) I’ll show you below together into their own “mini-portfolio” and you could pull $10,600 in dividends from a $100K investment; $53,000 from $500K and a six-figure income stream—$106,000—from a million.

Let me introduce these three high-yielding CEFs to you now.

CEF #1: Tapping the Energy Boom for a 7.1% Payout

The ClearBridge Energy MLP Total Return Fund (CTR) yields 7.1% as I write and comes to us at a 20.3% discount to net asset value (NAV, or the per-share value of its portfolio).… Read more

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Personally, I am not a fan of Beyond Meat or any of those fake burgers that are out there. But after a recent trip to the grocery store to buy provisions for a backyard barbecue… the sticker shock alone may turn me into a believer. Ground beef is now up to more than $5 a pound!

I guess I shouldn’t be surprised. Many folks are getting used to paying more amid the red-hot inflation we’re seeing across gasoline, groceries, and just about everything else.

But I am a cheapskate at heart, who refuses to pay more than I have to for anything.… Read more

Read More

Personally, I am not a fan of Beyond Meat or any of those fake burgers that are out there. But after a recent trip to the grocery store to buy provisions for a backyard barbecue… the sticker shock alone may turn me into a believer. Ground beef is now up to more than $5 a pound!

I guess I shouldn’t be surprised. Many folks are getting used to paying more amid the red-hot inflation we’re seeing across gasoline, groceries, and just about everything else.

But I am a cheapskate at heart, who refuses to pay more than I have to for anything.… Read more

Read More

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