Why Stocks Will Crush All-Time Highs (and the 8%+ Dividends to Buy)
August 07, 2023 at 05:00 AM EDT
Don’t listen to the bubble worrywarts: even with the 2023 bounce, stocks are well off their late 2021 peak. In other words, they’re still cheap! Stock Rebound Still Has Room to Run We can get in even cheaper through discounted closed-end funds . Consider two leading equity CEFs, the Liberty All-Star Growth Fund (ASG) and the Eaton Vance Tax-Managed Diversified Equity Fund (ETY) , which yield 7.8% and 8.2%, respectively. Both deal in blue chips like Visa (V), Amazon.com (AMZN) and Microsoft (MSFT). ASG also adds some lesser-known midcaps for extra growth (hence the “growth” in the name), such as property manager FirstService Corp. … Read more