CEF Investors: Here’s How to Navigate the Selloff (With 8%+ Dividends)
April 28, 2022 at 05:00 AM EDT
This selloff has gone on seemingly forever, and I’m hearing from more investors who are feeling nervous. I understand completely. Days of red on the indexes are tough on all of us, myself first and foremost. But the key thing to keep in mind as the world seems to be spinning out of control is that when times like these come along, our CEF strategy proves its worth, for two reasons: Our CEF dividends are helping us through the correction, as they have for all the pullbacks we’ve been through since we launched my CEF Insider service in 2017. Our portfolio yields 8.3% today, and 17 of our 23 holdings pay dividends monthly, so those payouts arrive in line with your bills. … Read more