Market Shift Ahead: Here’s How to Play It for 7% Dividends (and Upside)

Let’s take a look at how the new stimulus bill affects our portfolios—and dividends!—then look at how we’ll invest in closed-end funds (CEFs) for 7%+ dividends as 2021 unfolds. Cash to Consumers = Bigger Corporate Profits (and Dividends) One thing’s for sure—unlike the spring package, this one eliminates the problem of big companies absorbing billions in aid. This package is focused on putting cash in consumers’ hands, which I think we can all agree will do a better job of stimulating the economy. For starters, taxpayers will get $600 in checks sent to them, while people on unemployment will get an extra $300 per week.… Read more