My Contrarian Plan for 7.2% Dividends (and upside) in a Soaring Market

It’s the million-dollar question these days: how can this market be up double digits in an economy like this? And how can we dare hope for even a little more upside from here? S&P 500 Defies Gravity The truth is, there are plenty more gains to be made. But to get them, you need to look just a little beyond the big-name stocks most people limit themselves to. One overlooked place where there are still plenty of bargains (and outsized dividend yields!) to be had is in closed-end funds (CEFs) . We’ll take a look at a high-yield CEF that offers you the perfect mix for today’s market—upside potential, downside protection and an outsized 7.2% dividend stream—in a bit.… Read more