Whether you own a Treasury or the typical dividend stock these days, you’re still losing money after inflation.
I know what you’re thinking: tell me something I don’t know!
But there’s a solution hiding in plain sight: closed-end funds (CEFs), a widely overlooked (and publicly traded) asset class that often throws off rich payouts of 8% or more. We’ll do a deep dive into these scandalously overlooked income plays, and how they pay those big (and often monthly) dividends in a moment.
Here’s the top-line takeaway, though: by going with a CEF, you won’t have to sell the blue chips you own now.… Read more