This Fund Beats Inflation and Recession (and Yields 11%, Too)
July 14, 2022 at 05:00 AM EDT
If you’re like me, you’re getting sick of this tug-of-war between inflation and recession worries. One steals our purchasing power, while the other knocks down our portfolio values! But I’ve got good news for you— two pieces of good news, actually. Our closed-end funds (CEFs) continue to deliver high, and reliable, income. The portfolio of my CEF Insider service boasts many funds yielding north of 8%, and the vast majority pay dividends monthly . Those high yields help us hedge against inflation, and the extra dividend cash (should we let it build up in our portfolios) naturally reduces our volatility. Recession fears are overblown, according to the latest data (which we’ll get to in a bit). … Read more