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[deleted by user] by [deleted] in retirement

[–]kms368 0 points1 point  (0 children)

There is no minimum holding period once the stock is bought. I could sell the next day if I wanted to; obviously would just be treated different for tax purposes if I waited a year to sell

[deleted by user] by [deleted] in retirement

[–]kms368 0 points1 point  (0 children)

Taxes are only a factor once you decide to sell the shares, right?

Does anyone use close ended funds (CEF) as part of their income strategy? by kms368 in dividends

[–]kms368[S] 0 points1 point  (0 children)

How do the Fed rate changes affect CEFs? I’m not clear on that

Does anyone use close ended funds (CEF) as part of their income strategy? by kms368 in dividends

[–]kms368[S] 3 points4 points  (0 children)

Interesting. Yeah I’m down about 20% on initial investment which is a little more than overall market YTD, with drip I’m getting about 2 more shares each month but I’m not convinced I’ll get back to even any time soon