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These 8% Cash Payouts Are Perfect for Rising Rates

It’s all but official: the Federal Reserve will hike rates three times this year, and almost certainly four. If you want to protect your portfolio (and profit), now is the time to prepare. I told you what’s driving this inflation surge—and how long it may last— in my article last Thursday . Today we’re going to look at 2 high-yielding closed-end funds (with a massive 7.9% average income stream between them). But before we get to that, let’s kick in the doors on the most foolish myth in investing. The Backward Fear That Handcuffs Investors I’m talking about the ridiculous belief that higher interest rates are bad for stocks and corporate bonds.… Read more
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