“Crash-Proof” Your Portfolio With These Tax-Free 5% Dividends
January 31, 2022 at 04:00 AM EST
There’s a group of 7%+ dividends out there that are perfect for today’s market. They’re far less volatile than “regular” stocks, their payouts are tax-free, and (for now) you can get them for a steal—as cheap as 93 cents on the dollar! That puts them high on the list of “refuges” from the speculative stocks the mainstream crowd is fleeing these days—and we want to make sure we get in first! (And we’ll do that with two muni-bond funds we’ll name below. Their tax-free yields could be worth up to 8.9% to you, depending on your tax bracket.) I’m talking about municipal bonds—specifically municipal bonds we can buy through my favorite high-yield investment: closed-end funds (CEFs) .… Read more