Your Best Move for September? Swap Your ETFs for These 10% Dividends
September 09, 2024 at 05:00 AM EDT
When it comes to investing, there are two critical “bedrocks” we need to keep in mind. Everything else builds out from there. They are: Diversification cuts your risk of loss. The more diversification, the lower your risk. In the long term, stocks and bonds make money, regardless of short-term volatility. These two facts are why 95% of my favorite high-income investments, closed-end funds (CEFs) , have made investors money over the last decade. Those include the 8.4%-yielding Adams Diversified Equity Fund (ADX) . ADX’s portfolio of large cap stocks includes Microsoft (MSFT), Visa (V), JPMorgan Chase & Co. (JPM) and Eli Lilly & Co. … Read more