3 CEFs (with 7.4% average dividends) That Will Turn You Off ETFs Forever

You’ve probably heard by now that investing just got a little bit cheaper. Now cheaper isn’t necessarily better , especially for those of us hunting for safe, meaningful yields to fund our retirements. We’ll get to our diversified 3-click, 7.4%-yielding portfolio (including a couple monthly payers) in a moment. But first, more on the no-commission craze. Following in the footsteps of Robinhood, Interactive Brokers (IBKR) announced a “Lite” version of its platform with commission-free stocks and ETFs. Then Charles Schwab (SCHW) announced it would offer commission-free stock, ETF and options trading, with TD Ameritrade (AMTD) and E*Trade (ETFC) in tow. Online brokerages have been pushing selects sets of commission-free ETFs for some time.… Read more