“Sell in May”? Nah, We’re Buying These Cheap Bond Dividends Instead

This market rally could roll right through the summer (so much for “Sell in May and go away!”), and we’ve got two sweet bond buys to play it. That’s right, I said bonds because there are more bargains in bond land than in stocks right now. While stocks could keep floating higher, the last thing we want to do is chase this rally. Instead, we’re going to ride along on the stock side of things. In bonds, though, the state of play is a bit different. We’re going to list our two bond picks in order of appeal shortly, capping this article off with our top selection—an unsung closed-end fund (CEF) trading for 12% below its “true” value and yielding a stout (and tax-free) 5.8%.… Read more