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How closed-end funds can be an investor's 'paycheck-replacement system'

Published 5 years, 3 months ago
Description

Mark Asaro, director of investments for Noble Wealth Management, says that investors who are staring down low interest rates that have them questioning the classic, traditional 4 percent 'safe withdrawal rule' should be looking at closed-end funds to bolster returns and to act as a paycheck-replacement, providing steady income that -- when applied tactically -- should weather changing inflation and interest-rate conditions.

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