1 Simple Move to Buy Corporate Bonds With 9% Yields (at 12% Off)
September 25, 2023 at 05:00 AM EDT
The big jump in stocks—especially tech stocks—this year has proven the forecasts of imminent and dire recession that were seemingly everywhere in 2022 dead wrong. Unfortunately, those predictions caused the investors who followed them an opportunity for gains (and dividends, too). And now many are likely wondering if it’s too late to get back in, prolonging the suffering. If you’re one of them (or even if you’re just looking to diversify), let me give you a lower-volatility, higher-yielding option: corporate bond focused closed-end funds (CEFs) . How Corporate-Bond CEFs Work To get a grasp of how corporate-bond CEFs work, we need to start with corporate bonds themselves.… Read more