I can’t tell you how many times I’ve mentioned closed-end funds (CEFs) to investors and been met with blank stares in return. It’s too bad more people don’t know about these powerful income plays because … CEFs let you diversify, not only within stocks but beyond them. Among the 500 or so CEFs out there are funds that own stocks, corporate bonds, municipal bonds, real estate investment trusts (REITs) and more. CEFs often trade at discount to net asset value (NAV, or the value of their portfolios). This means we can buy shares of high-quality firms like Apple (AAPL) for…

Bitcoin bounced back early Tuesday morning, stoking hopes that the symbolic $100,000 mark is within arm’s reach. In the past 24 hours, Bitcoin’s price climbed 6.8% to $87,600, while Ethereum is up 3.3%. Many altcoins followed suit. Avalanche is up 8.4%, Dogecoin gained 35.1%, Shiba Inu added 2.5%, BNB rose 1.1%, and XRP saw a 9.9% bump. While Trump’s election victory might be the biggest driver for now, it’s far from the only factor fueling Bitcoin’s surge. Behind the scenes, broader trends—ranging from a post-halving supply squeeze to favorable macroeconomic developments—are helping to push crypto prices higher. Crypto insiders believe…

Forbes Community GuidelinesOur community is about connecting people through open and thoughtful conversations. We want our readers to share their views and exchange ideas and facts in a safe space.In order to do so, please follow the posting rules in our site’s Terms of Service.  We’ve summarized some of those key rules below. Simply put, keep it civil.Your post will be rejected if we notice that it seems to contain:False or intentionally out-of-context or misleading informationSpamInsults, profanity, incoherent, obscene or inflammatory language or threats of any kindAttacks on the identity of other commenters or the article’s authorContent that otherwise violates our…

Key News Asian equities were overall lower on a stronger US dollar overnight, as Mainland China outperformed while Hong Kong and South Korea underperformed. The last few days demonstrate why we say there are two Chinese equity markets and why you should hold both: onshore China/Shanghai- Shenzhen – STAR Board stocks/95% owned by domestic investors versus the offshore China/Hong Kong stocks – US ADRs/majority owned by foreign investors. While foreign investors and Western media pan Friday’s NPC release for the lack of domestic consumption stimulus, Mainland investors cheered the news with a foreign bank’s Shanghai fixed income trading desk calling…

Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. Start slideshow: 10 Oversold Stocks You Should Know About » In trading on Monday, shares of Johnson & Johnson entered into oversold territory, hitting an RSI reading of 29.5,…

Timeshare vacation lodgings are not cheap, but they are increasingly popular. Think of it: Instead of renting a couple of hotel rooms for your family at a vacation spot, you can have an apartment. And you can have a place waiting for you in cities around the world. How to cash in on this growing trend? Buy stock in the best one, Travel + Leisure Co. Once known as Wyndham Destinations, Travel + Leisure is the biggest timeshare company, by revenue and locations. The company and its rivals benefit from larger units than hotels, often with multiple bedrooms, living space…

Stocks that are cheap relative to book value appeal to me a great deal. What’s book value? It’s basically a company’s net worth –its assets minus its liabilities. The figure is often expressed per share of common stock. General Motors Co. (GM), for example, has a book value of $70.9 billion, which works out to $64.49 a share. I look for stocks that sell for less than two times book value, and am especially fond of ones that sell “below book.” As it happens, General Motors is one, selling (as of November 6) for about $57 a share, or ten…

President-elect Trump will likely put business-friendly leaders in charge of key government agencies and ease regulatory burdens. Great news for banks and dealmakers By Hank Tucker, Forbes Staff Investors celebrated Donald Trump’s decisive victory in last week’s presidential election, with banks and alternative investing firms among the biggest winners in anticipation of more lenient regulations. Goldman Sachs soared 12% in the last three days of the week, and peers like JPMorgan, Citigroup, Morgan Stanley and Bank of America as well as private equity giants KKR and Apollo all gained at least 7%. The rally extended to smaller banks, with the…

Once a symbol of American engineering, Boeing is today struggling to find ground in a terrain changed under its wings. From operational inefficiencies and high-profile scandals to delays in its commercial aircraft lines, Boeing has confronted an increasing set of difficulties over years. Investor confidence has changed as previous failures make it abundantly evident that Boeing’s structure could be unable to meet industry needs. This is not only a passing phase; it’s a call to action asking a daring question: could a planned or forced Boeing breakup by an activist investor help the company to be saved? Even after the…

It’s a party on Wall Street! While the suits fawn over the hot “Trump trade” stocks, we dividend investors are going to dumpster dive. Hey, we have no shame. We’re talking about yields from 7.8% to 13.4%, paid monthly! Why the bargains? Bonds have been bloodied since the Federal Reserve cut rates. Wait, what? Let’s remember the Fed guides short-term rates. Long-term rates , on the other hand, march to the beat of their own drum: We could dip into bond exchange-traded funds (ETFs)—they’ll have the same tailwind at their back. But I prefer CEFs over bland ETFs for three…