China's Money Helicopters And The Contrarian Trap [Forbes]
Blackrock Enhanced International Dividend Trust (BGY)
US:NYSE Investor Relations:
blackrock.com/investing/products/240228/blackrock-international-growth-and-income-trust-usd-fund
Company Research
Source: Forbes
That's too bad, because there are ways we can use them to build a massive income stream and make our investments safer, too. In fact, there's one way, using high-yield closed-end funds (CEFs) , we can “time” US and international stocks to get a 9.2% yield we can build over time by making simple moves to “rebalance” between US and overseas CEFs from time to time. It all starts with China, because there's a spark there that sets the stage for our 9.2%+ overseas payout strategy. Chinese Stocks: 13% Yearly Gains Ahead? Lost in all the talk around tariffs is the news that China announced a new stimulus package . Details won't be known for a while, but the news boosted Chinese stocks. Even though China hasn't spelled things out, the package will likely resemble the quantitative easing we saw in the US in the 2010s (in response to the subprime-mortgage crisis) and 2020 (in response to the pandemic). Both packages paid off for US investors, with the S&P 500 gaining 13.0% annualize
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- 11/26/24 - Form NPORT-P
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- 11/19/24 - Form SC
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