Get Rich with Dividends: A Proven System for Earning Double-Digit Returns

Summary

• Closed-end funds are mutual funds that trade like stocks.
• Return of capital is a cash distribution that is tax deferred and lowers your cost basis.
• REITs invest in real estate assets.
• MLPs are partnerships, often energy pipelines.
• BDCs are similar to publicly traded private equity firms.
• Preferred stocks are as much like bonds as they are like stocks.
• Closed-end funds, REITs, MLPs, BDCs and preferred stock are alternatives to regular dividend payers in that they usually have higher-than-average yields—but they can have complex tax implications as well.
• Playing mahjong with Mrs. Zuckerberg might be a great way to get lucrative investing ideas.