There’s a simple blunder out there that pretty well every income investor makes at one time or another.
It’s costly, both in terms of lost income and missed gains. And it starts in perhaps the most innocent place of all: the free stock screeners you likely use every day—Google Finance and Yahoo Finance chief among them.
This slip-up affects all high-yielding stocks. In fact, the higher the yield, the more it can steer you wrong! So for those of us who invest in closed-end funds (CEFs), what we’re going to discuss today can cause a real mess.
The good news? We can easily fix this mistake.
This post originally appeared at Contrarian Outlook.