Tag: best CEFs

My Personal 8-Step Plan For 8% Dividends In CEFs

My Personal 8-Step Plan For 8% Dividends In CEFs

| April 9, 2018 | 0 Comments

Today, the 10-year Treasury pays just 2.7%. Put a million bucks in T-Bills, and you’re banking $27,000 per year. Barely above poverty levels! Hence the appeal of closed-end funds (CEFs), which often pay 8% or better. That’s the difference between a paltry minimum-wage income of $27,000 on a million saved or a respectable $80,000 annually. […]

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