A 5.8% Dividend With 126% Upside Ahead (contrarians only)

There’s a strong buying opportunity unfolding in an ignored corner of the market right now. Steady dividends of 5.8% (and higher) are waiting for savvy contrarians who jump on it. By “savvy contrarians,” I, of course, mean us! And the corner of the market I’m referring to is municipal bonds. If you’ve been following the muni-bond saga over the last two months, you might find my enthusiasm a bit unfounded. After all, the coronavirus is hammering the finances of cities and states across the country and driving up the risk of muni-bond defaults—right? Not so fast. Your Muni Default Risk? 0.042% … Read more