About a year ago, I became interested in closed-end funds (CEFs). They offered relatively high dividend returns but also had some risk. It was a rather complex calculation that I was making, but I figured that holding on to the best quality closed-end funds for a couple of years would be pretty lucrative. Most of…
I’m a bit impulsive sometimes. I am reading a book that talks about closed-end funds (CEFs) for income (“How to Retire on Dividends: Earns a Safe 8%, Leave Your Principal Intact“) and the idea makes sense to me. I started digging into the details even more, and I found a few that look appealing. What…
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