What are the characteristics of closed-end funds (CEFs) and how can you identify attractive candidates to earn a profit with closed-end fund investing ARTICLE TABLE OF CONTENTS (Skip to Section) What Are Closed-End FundsDifferences Between Open-end Mutual Funds and Closed-end FundsOpen-End Mutual Funds vs. Closed-End Funds ChartWhat is Net Asset Value?Closed-End Fund Discounts and PremiumsLeverage Closed-End Fund ExpensesHow To Analyze A Closed-End FundThe Ideal CEF Purchase … [Read more...]
277 Plus: Investing Cash, Closed-end Funds, Volatility Risk Premium and Rights Offerings
In Plus episode 277 for the week of November 16, 2019 we look at different cash investing options. We review how to evaluate closed-end funds with a focus on recent closed-end funds David has invested in, including one that harvests the volatility risk premium. Finally, we look at how rights offerings work. … [Read more...]
252 Plus: May 2019 Mid Month Update and a Closed End Fund Income Factory
In Plus episode 252 for the week of May 18, 2019, we look recent market and economic trends in light of the heightened trade war. We review how closed-end funds work in the context of a member's question regarding investing in the Templeton Global Income Fund (GIM). Finally, we look at an investor who invests exclusively in higher yielding closed-end funds and leveraged ETFs; an approach he calls the income factory. … [Read more...]
243 Plus: March 2019 Portfolio Review, Preferred Stock and 10th Anniversary of the Secular Bull
In Plus episode 243 for the week of March 8, 2019 we review a recent change in David's portfolio as it relates to preferred stock and take a look at the characteristics of preferred stock. We also explore secular bull and bear markets in recognition of the 10th year anniversary of the current secular bull. … [Read more...]
214: Should You Trade Currencies (Forex) Like Soros?
How the foreign exchange market works and how George Soros made more than $1 billion shorting the British pound in 1992. Why currency trading today is more like gambling than when Soros made his billions. Why trading closed end funds can be more profitable than currency trading. Photo by Central European University In this episode you’ll learn: How does foreign exchange trading work and why is it like gambling.Who are the principal players in the foreign exchange market.How George … [Read more...]
191 Plus: Market Sell-Offs and Emotional Investors
This week February 10, 2018 on Money For the Rest of Us Plus, we look at how frequently market corrections occur. We analyze how the current sell-off has impacted market internals, such as trend, momentum and the level of fear. Then we look at fundamental data such as earnings and inflation to see if there has been any deterioration to justify further market declines. We look at data from Jack Bogle's expected stock market return model to see that over a 10-year period the stock market … [Read more...]
187 Plus: More On Yield Cos, Small Cap Stocks, Real Estate and Closed End Funds
This week January 13, 2018 on Money For the Rest of Us Plus, we revisit our yield co discussion from Plus Episode 186 and look at how yield cos appears to be changing. We review the allocation to U.S. small company stocks in the model portfolios. We look at when return of capital distributions for closed end funds are okay and when they should be a concern. Finally, we analyze the relationship between real estate cap rates and interest rates and provide an update on the current … [Read more...]
175 Plus: Can A Bond Fund Lose Money? Updates on Wunder and Peer-to-Peer Lending
This week October 6, 2017 on Money For the Rest of Us Plus, we look at how long it would take a long duration bond fund to recover losses from rising interest rates. We look at the unique structure of Wunder Capital's new fund. I provide an update on peer-to-peer lending performance and finally we look at an exchange traded note tied to the performance of closed end funds. … [Read more...]
MNY141 Plus: Currency Hedging, Closed End Bank Loan Funds and Investing In Economic Sectors
This week January 21, 2017 on Money For the Rest of Us Plus we look at the risks of investing in bank loans via closed end funds. What does it mean to hedge currency risk and is investing in economic sectors likes technology, healthcare, etc. a viable strategy. … [Read more...]
MNY050 Plus: Measuring Bond Fund Yields and a Closer Look At Closed End Bond Funds
In this week's Money For the Rest of Us Plus episode, I discuss Why there aren't many investment opportunities currently The difference between SEC Yield, distribution yield and yield to maturity How to evaluate a closed end bond fund using BIT and DSL as examples. The episode length is 17 minutes. … [Read more...]
