Far too many investors ignore dividends, even in a bull market. When there’s a correction, like the one we’ve seen over the last few weeks, they flip the script, making safe cash dividends a lot more popular.
Luckily for us, there’s one ignored corner of the market where we can grab payouts that triple what the typical stock dribbles out.
That would be in municipal bonds, or “munis” for short. We hold one fund that owns such bonds, the RiverNorth Managed-Duration Municipal Income Fund (RMM), in our .
Munis are a kind of debt instrument issued by local governments to fund infrastructure.… Read more