This 7% Dividend Is Available at a Rare “Double Discount” (That Won’t Last)

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This 7% Dividend Is Available at a Rare “Double Discount” (That Won’t Last)

Investors are way too pessimistic about the economy. And their gloom—driven by the mainstream press (as usual)—is setting us up for a rare “double discount” on closed-end funds (CEFs) throwing off 7%+ yields.

I say “double discount” because almost everyone is misreading some of the latest economic signals—and it’s causing them to sell stocks (and CEFs!) at exactly the wrong time.

That mistake—which is behind a large part of the drop we’ve seen in the markets since the start of the year—is discount No. 1.

And we’ll get discount No. 2 by shopping for CEFs that are also trading at undeserved discounts.… Read more

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These Stimulus-Powered Investments Could Soar 53%+

There’s $2 trillion in cash headed straight into the US economy, and today we’re going to grab a share, both in the form of price gains and dividends.

I’m talking about the latest stimulus plan that’s made its way through the House of Representatives.

While plenty of folks fret over the rise in public debt this $1.9-trillion plan brings—and that’s a real concern—it’s a problem for another day. The cash is needed to get the economy through to the other side of the current crisis.

And pretty well all of this package is set to get spent through direct payouts to people and organizations that will spend it, with the headline item being $1,400 in stimulus checks (or about $1.1 trillion in all) going to taxpayers.… Read more

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This Low-Key Fund Is the Hottest Retail Play of 2021 (Yields 7.1%)

One of the great things about closed-end funds (CEFs) is that there’s one out there we can use to tap just about any trend—and turn it into a nice 7.1%+ dividend payout.

Take the surge in retail we saw last month. Despite the pandemic, Americans are hitting the stores again (with many doing so online):

Retail Sales Surge

In January, retail sales jumped 5.3%, far ahead of economists’ expectations of 1.2% gains. This was helped by a 0.7% sales drop in December, but it’s undoubtedly the result of the latest round of stimulus checks.

Retail ETF Soars, But Its Dividend Leaves Much to Be Desired

That’s great news for retailers because it proves that consumers are spending their COVID aid money instead of hoarding it.… Read more

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3 Big Dividends in a Washed-Out Sector

Today, I’m going to show you how to find fat dividend opportunities in washed-out sectors. Let’s start with retail, where the hits just keep coming. (And the result is a few sky-high yields. Too good to be true? Let’s explore.)

You know the story by now. Amazon.com (AMZN) pioneered e-commerce, taking it from an interesting tech niche to the retail-reaper it is today. The numbers tell it all, as Statista estimates retail e-commerce sales will nearly double between 2018 and 2024.

Yes, the overall retail pie is growing, but not nearly as fast as e-commerce is. In other words, e-commerce is increasingly gnawing on brick-and-mortar’s lunch.… Read more

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3 Hopeless ETFs Ranked From “Disastrous” to “Poor” (You likely own #1.)

Is last week’s rate-cut temper tantrum the start of a bigger meltdown?

That’s the big question—and today we’re going to do what we have to do to protect our nest egg—and set ourselves up for big gains (and dividends) in the long run.

That means we may only have days to prepare—maybe even hours.

The one thing we’re not going to do? Sell and go to cash.

Because I know I don’t have to tell you that “money under the mattress” pays no dividend—and isn’t even safe, for that matter: you’re guaranteed to bleed money after inflation!

No way.

Instead, we’re going to play it smart—deftly pruning our portfolio of laggards and shifting into a set of low-key dividends that will balloon our income (and nest egg) for decades to come.… Read more

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