Search for "where to find yield". For 2013, their three top income ideas were high dividend stocks, utilities, and MLPs, and they pretty much nailed it. For 2014, their three top income ideas are high dividend stocks, munis, and REITs -- the latter two because they're beaten down (they love way-below-NAV muni CEFs in particular, such as NEA).As I'm in California, I accumulated (around a month ago, at a cost basis well below 12) a substantial position in the CA-specific version of NEA, i.e, NKX -- it's rallied 5.74% to 12.52 since (pretty much tracking NEA), but it's still a good buy, I think, with 6.7% tax-free yield (free from CA's high state tax too;-).Gov. Brown's budget starts paying down CA's debt, and accumulating a rainy-day fund, which must be good developments for CA muni bonds...!-)
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar<