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Strategies & Market Trends : Young and Older Folk Portfolio -- Ignore unavailable to you. Want to Upgrade?


To: cole505 who wrote (4110)6/7/2024 4:24:44 PM
From: chowder5 Recommendations

Recommended By
ddbpaso
jritz0
Markbn
misscbd
Waitress

  Respond to of 22059
 
I would not recommend CEF's if in the accumulation phase of your investing career, but if you are retired, or a year or two out from retirement, and wanting to increase your income flow, then in that case I would recommend them.

They are a managed income asset first, capital appreciation is a secondary objective, not primary. It's all about income flows, and in some instances, tax managed situations.