In normal times, we contrarians are stuck combing the market’s backwaters—REITs, closed-end funds (CEFs) and the like—in our hunt for outsized dividends.
But, of course, these are not normal times.
This crisis has flipped the script. Now we can get the same big payouts but with much less work. In fact, we can get them from the same stocks you’ll find in any American’s portfolio! This is a once-in-a-generation opportunity, and it can’t last.
Fishing Close to Shore
The last time I saw a situation like this was in March 2009, days before the S&P 500 bottomed in the financial crisis.… Read more