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As far as additional investments, I am starting to research ETFs/CEFs/REITS and dividend paying stocks.


ETFs are pretty sweet, IMO. They are low cost ways to get exposure to a sector or asset class and be able to get in and out any time you like. Even better, you don't sacrifice some performance because the fund has to have cash on hand to meet redemptions, which is one of the many things I do not like about traditional mutual funds. Check out the iShares website for more info, as this is one of the larger families of ETFs.

BTW, I would pass on REITs for now. Sector looks overpriced to me at this point. If you like high yielding stocks, check out IDU (utility ETF) and partnerships like SPH, FUN, APU, NBP, etc.
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