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Non-Tech : CEF Closed End Fund Investing

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To: shadetreethinker who wrote (1)4/22/2012 6:51:11 AM
From: KEN2CWL  Read Replies (1) of 62
 
I am light in the CEF area but if some see strong CEFs at a discount I hope they will be posted. I am not against adding if the price is right. I own just a couple currently. Ken
Edited to add...
Some time ago I owned more CEFs and belonged to another group called "retire with closed end funds". I found with the stock meltdown from about five years ago the leverage is great for return but you'd better keep your finger on the sell button in a downturn. CEFs can turn on you like a rabid dog due to the leverage factor. I will continue to hold CEFs but conservatively. Ken
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