I know I don’t have to tell you this market is “pricey”—levitating from all-time high to all-time high. That’s got a lot of investors stuck on the sidelines, too afraid to buy until we get another dip.
That’s too bad for them, because sitting on your hands right now is a mistake.
Here’s the truth: Even at times like these, we should be buying—especially through discounted closed-end funds (CEFs), which are, in my view, the best income plays out there, with many paying 8% and more.
From Fear to Greed
It’s hard to believe now, but back in April, the level of fear hit levels higher than we saw even during the COVID lockdowns or the 2022 rate-driven crash.… Read more
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