• A Safe Fund-Picking Strategy for 7.5%+ Payouts

    5 days ago - By ETF Daily News

    From Michael Foster : Here's something few people realize about closed-end funds : sometimes, when it comes to these funds, matching the market means you're actually beating the market.
    Let me show you what I mean using the AGIC Equity and Convertible Income Fund , a CEF I recommended earlier this year. NIE has been meeting the S&P 500's performance, though most people don't know it.
    And by meeting the S&P but giving investors a 7.5% dividend yield, it's helped income investors actually beat the market if they'd chosen a “dumb” index fund like the SPDR S&P 500 ETF instead.
    First, let's...
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