If You Have This Investing “Problem,” I’ve Got the (8.4%-Yielding) Fix

Sometimes as income investors we face a situation that sounds like a good problem to have: We have to pick among a group of very impressive investments! That’s obviously much tougher than, say, picking between a stock or fund with a winning record and another with a losing one. But when you think about the investment choices you’ve made over the years, I think you’ll find that picking between options that seem equally good is actually what you’ve had to do most of the time. To get into how to make a call when you face this situation, we’re going to use my favorite high-income plays: closed-end funds (CEFs) , which routinely yield 8%+.… Read more