PTY - Earn A 10% Yield From A Great CEF: PTY
2024-05-13 08:35:00 ET
Summary
- Being a fixed-income investor can be a very risky task.
- In the bond markets, it pays to be able to access experts.
- Leverage the unique skills of this management team to reap rewards.
Co-authored by Treading Softly
Living in the Western world means that you are living in a place of great wealth. If you make over $60,000 a year, you are in the top 1% of all income earners worldwide. What this means is that, globally, there's a great amount of poverty and debt that offsets the mega earnings of a few ultra-wealthy from the U.S. or Europe. Yet, many people in the Western world find themselves struggling financially and living paycheck to paycheck despite making a six-figure income. We live in a place of great wealth, but also of great expense. It can be very expensive to live in a place where lots of people make a lot of money, and we all love to have big things. Sadly, many companies rise and fall rapidly, causing their debt to become worthless due to poor management decisions that force them into bankruptcy....
Earn A 10% Yield From A Great CEF: PTY