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    The Pros and Cons of Closed-End Funds: How Do You Like Your Income?: Financial Freedom, #136
    The Pros and Cons of Closed-End Funds: How Do You Like Your Income?: Financial Freedom, #136
    The Pros and Cons of Closed-End Funds: How Do You Like Your Income?: Financial Freedom, #136
    Ebook87 pages35 minutes

    The Pros and Cons of Closed-End Funds: How Do You Like Your Income?: Financial Freedom, #136

    By Joshua King

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    About this ebook

    I love income investing; it has changed my life in ways I am still discovering. I divide income investing into six different types.

     

    Today, I want to talk about my favorite type of income investing: closed-end funds.

     

    CEFs can provide a consistent monthly income that can slowly replace your employment paycheck.

     

    It is difficult for most people to invest for income instead of trying to get rich. However, CEFs may be your ticket to freedom. Good Luck!

     

    LanguageEnglish
    PublisherJoshua King
    Release dateApr 6, 2023
    ISBN9798215255759
    The Pros and Cons of Closed-End Funds: How Do You Like Your Income?: Financial Freedom, #136

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      Book preview

      The Pros and Cons of Closed-End Funds - Joshua King

      Table of Contents

      MILITARY FAMILY INVESTING | Joshua King | Home of the Free PDF

      The Pros and Cons of Closed-End Funds

      All Right Reserved Military Family Investing | 01  The Pros and Cons of Closed-End Funds

      02  I Live Paycheck to Paycheck 4

      03  The Six Types of Income Investing

      04  Love Income? Try Closed-End Funds

      05  Dividend ETFs vs. Index Funds

      06  Rental Properties vs. Rental Rooms

      07  Middle-Class Investing 108: Why DGI?

      08  I Love Paying Bills

      09  Feel Special with Special Dividends

      10  Closed-End Funds vs. Preferred Shares

      Try Something New -Free PDF Download

      Sign up for Joshua King's Mailing List

      Also By Joshua King

      MILITARY FAMILY INVESTING

      Joshua King

      Home of the Free PDF

      www.militaryfamilyinvesting.com

      The Pros and Cons of Closed-End Funds

      How Do You Like Your Income?

      01  The Pros and Cons of Closed-End Funds

      02  I Live Paycheck to Paycheck 4

      03  The Six Types of Income Investing

      04  Love Income? Try Closed-End Funds

      05  Dividend ETFs vs. Index Funds

      06  Rental Properties vs. Rental Rooms

      07  Middle-Class Investing 108: Why DGI?

      08  I Love Paying Bills

      09  Feel Special with Special Dividends

      10  Closed-End Funds vs. Preferred Shares

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      2)  Free PDF Downloads: Download FREE PDF LIST here

      3)  Financial Mindset: Become CEO of Yourself 2 (Free 196-Page PDF)

      4)  Retirement Planning: Your Retirement Planning Guide 2 (Free 255-Page PDF)

      5)  Investing: How We Plan to Retire on Dividends 4 (Free 139-Page PDF)

      6)  Cryptocurrencies: Counting on Crypto 2 (Free 159-Page PDF)

      7)  Real Estate: Financial Independence through Real Estate 4 (Free 112-Page PDF)

      8)  Business: Retire Rich, Retire Comfortable with a Business 4 (Free 149-Page PDF)

      9)  Latest DGWR: Don’t Gamble with Retirement 10 (Free 419-Page PDF)

      10) Everything!: The Biggest Book on Passive Income Ever 3! (book)(Web Edition)(Art Edition)

      11) Writer’s Comparison: M1 Macbook Air vs. GalaxyBook3 Pro 360

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      19) Support the Channel on Cash App: $Kingmarine1981

      20) For more detailed analysis, join my Youtube: MFI YouTube Channel

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      PDF of the Month: Don’t Gamble with Retirement 10 (Free 419-Page PDF)

      Disclosure: I am not a financial advisor or money manager, and any knowledge is given as guidance and not direct actionable investment advice. I am an Amazon Affiliate. Please research any investment vehicles that are being considered. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it.  I have no business relationship with any company whose stock is mentioned in this article.

      All Right Reserved Military Family Investing

      01  The Pros and Cons of Closed-End Funds

      Learning to invest for income changed my life; I figured out how to build my own paycheck. Most people do not invest for income; they want to get rich quickly.

      I dividend income investing into six different types, which you can read about here. One of my favorite types of income investing is closed-end funds.

      Closed-end funds offer a simple, reliable way to extract income from the stock market. However, there are some things you must understand to be successful. Let’s begin.

      Inflation Ate My Paycheck 101: Adjust Your Lifestyle Today

      What are closed-end funds? Closed-end Funds (CEFs) are a collection of securities brought under one umbrella, similar to Exchange Traded Funds or ETFs.

      CEFs differ from ETFs because CEFs maintain a set number of shares. ETFs grow and shrink as more money pours in or out of them.

      Because CEFs have a set number of shares, they operate under a Net Asset Value (NAV). This is the value of the underlying securities in the CEF.

      You can purchase CEFs at a premium or discount to NAV, depending on the market conditions. CEFs with great reputations often trade at a premium because people gravitate toward high-performing products.

      Become Insanely Productive During the Magic Hours 2

      The Cons of CEFs. Let’s start with some disadvantages of investing in CEFs, the first of which is high expense fees.

      ETFs usually use passive investing, which means they do not have a fund manager—they trade along a static index.

      CEFs most often use fund managers to keep everything operating smoothly; however, this comes at the cost

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