Preferred Shares vs. Closed-End Funds - MFI Series1, #107

Dividend Growth Investing is a fantastic way to invest for future income. But what if you need income today? I do have a DGI portfolio, but I also invest for income via high yield securities. These high-yielders include REITs, closed-end funds, dividend ETFs, and preferred shares. Today, I compare preferred shares and closed-end funds. Both products do not get much attention in the mainstream. If you want to increase the dividend yield of your DGI portfolio, then these two products can assist you.
The most important concern about these two products is buying at the right time. Inside, I review some strategies for knowing when to buy and give my opinion on which to invest in for retirement purposes. I hope you are ready to learn something different. Enjoy and Happy Investing.