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Contrarians: How We’ll Tap This Market Bounce For Cheap 7%+ Dividends

dividend

Over the last few months, I’ve seen dividend investors make the same mistake over and over: they constantly forget that the stock market always looks forward, not backward.

Making this easy blunder now could cost you a chance to grab cheap 7%+ dividends in closed-end funds (CEFs)—and potentially set yourself up for years of steady cash payouts and price gains.

My indicators all tell me that buying a well-run CEF that holds a mix of large- and mid-cap stocks will seem like a very smart move when you look back a year or so from now.

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This post appeared first on Contrarian Outlook.