This Steady 14% Dividend Will Crush Stocks Well Into 2025
August 19, 2024 at 05:00 AM EDT
Stock market predictions, of course, are just that— predictions . All of them (including mine!) should be taken with a grain of salt. I normally prefer to avoid making them. But every now and then I partake because, well, the prediction game is fun! And we do need some kind of forecast to work from when it comes to buying stocks—and our favorite income plays: 8%+ yielding closed-end funds (CEFs) . The key, of course, is knowing when to stick to your forecasts and when to change tack. So as we move past the August 5 correction and toward the final third of 2024, it’s a good time to check in on a couple predictions I made back in January and see how they’re playing out.… Read more