The Advantages of Tax Free CEFs Yielding Over 5%
With so much uncertainty in the stock market, and with the possibility of tax increases on the horizon, investors have been allocating funds into tax free bonds (municipal bonds), directly and through tax free income closed end funds. Tax free closed end funds or CEFs have several advantages over investing in municipal bonds directly. Many [...]
Why I’m thankful for low TransAlta prices
Over a hundred years ago, TransAlta (TA) was launched as a small, local power company in Alberta. Today, its a massive energy company, Canada’s largest publicly traded generator and marketer of electricity and renewable power. With approximately $3 billion in annual revenue, more than $9 billion in assets held in power plants across Canada, the [...]
Top Yield Residential REITs: Why 4.7% is better than 16.9%
In spite of the fact that 30 year mortgages are at the lowest rate in over 50 years, it is still very hard for potential home-buyers to get a mortgage. Lenders require higher down-payments, greater proof of income, and higher credit scores. The free-for-all loans of a few years ago are long gone. So what [...]