A Comprehensive Source for Closed-End Fund Information
CEF Connect is a well-constructed website dedicated to data on closed-end funds. It is sponsored by Nuveen and therefore ad-free. This is a smart move. Every time you go to their site you see the company name and they did it without adding layers of content from third-party marketing services. No registration is needed. There …
Go Small When Entering an Unfamiliar Sector
Caution should be an investor’s number one priority when expanding portfolio scope. Examining and testing out new opportunities is necessary for portfolio development. But initial investment should be limited. Every investment sector has behavioral traits. When you do not have experience with these it could lead to large losses. In 2003, while working in banking, …
There Is No Such Thing as Socially Responsible Investing
Investors should focus on one thing: will this opportunity make money? Trying to complicate the issue by screening out companies that do not act in ways harmful to society or the planet is an impossible task. I have heard many people talk over the years about how they do not want their money to be …
Stock Dividend Reinvestment Plans: More Trouble than They Are Worth
Stock dividend reinvestment plans create a string of hassles. On the surface they sound great. But once the entire picture comes into focus this is not the case. Companies offer stock dividend reinvestment plans (or DRIPs) because they encourage long-term investment behavior. This provides support for their stock price. It may also be an avenue …
Increase Your Interest Earnings with an Online Savings Account
Opening a savings account through an online bank eases the pain of low interest rates. They pay at a level that is considerably higher than that earned through traditional institutions like Bank of America or Chase. They can do this, they say, because they do not carry the overhead related to maintaining a branch network. …