This 10.6% Dividend Is the Best Way to Play the Tech Bounce

It’s no secret that stocks—especially tech stocks — have soared this year. And today I’m going to show you a contrarian dividend play I see as the perfect way to take advantage. And before you ask, no, we’re not too late here, even though it may look like we are, in light of the NASDAQ’s 40% rise in half a year. The key to unlocking tech-driven gains is not buying overbought darlings like Meta (META), Alphabet (GOOGL), Apple (AAPL) and Amazon.com (AMZN). Instead we’re buying through a closed-end fund (CEF) yielding an outsized 10.6% and trading at a 15.7% discount to net asset value (NAV, or the value of its underlying portfolio).… Read more