Michael Foster

When it comes to investing, there are two critical “bedrocks” we need to keep in mind. Everything else builds out from there. These two facts are why 95% of my favorite high-income investments, closed-end funds (CEFs), have made investors money over the last decade. Those include the 8.4%-yielding Adams Diversified Equity Fund (ADX), writes Michael Foster, editor of CEF Insider.

The word “vibecession” — basically the idea that people are measuring the economy by feeling rather than by data — is back in the news. That’s because most Americans apparently think we’re in a recession, even though we aren’t. Which brings us to a Closed End Fund nicely positioned to profit from this situation: The Liberty All-Star Equity Fund (USA), outlines Michael Foster, editor of CEF Insider.

Today I want to tell you about a fund that is highly unusual in a way that matters a lot to many folks: It is free from a management-fee perspective. In fact, this fund — a closed-end fund (CEF), to be precise — is more than free: It has negative management costs! It’s called the BlackRock Science and Technology Term Trust (BSTZ), writes Michael Foster, editor of CEF Insider.

My kids have become obsessed with the primitive world their father grew up in. “Dad, how did windows go down in the ‘80s?” they asked...and I described the crude tool we used—a roller that required all of the arm strength a young one could muster. Fortunately, most luxuries like automatic windows and satellite radio are better now than they were then, dividend investing included. And JPMorgan Nasdaq Equity Premium ETF (JEPQ) is a “luxury” ETF worth buying, explains Michael Foster, editor of Contrarian Income Report.