3 Funds to Beat Post-Election Volatility, Deliver 8%+ Dividends
November 04, 2024 at 05:00 AM EST
With more volatility likely as we move past the election and into late 2024, retirement planning might not be top of mind for you right now. I get it. But with investing— income investing , especially—it’s critical to keep the long term in focus. And over the long term, the direction of the markets is up. When we invest in closed-end funds (CEFs) , we get an extra advantage: High income, which often comes our way monthly. The average CEF yields 8% now. That’s roughly the long-term average annualized price gain of the S&P 500, depending on the timeframe you look at, delivered to us in dividend cash every year.… Read more