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We compare three approaches to closed-end fund investing: Opportunistic trading, the buy and hold income factory, and a systematic approach of selling closed-end funds after 5% gains. We also explore the pros and cons of closed-end funds relative to open-end mutual funds and ETFs. Episode Sponsors Stawberry.me (https://strawberry.me/david) NetSuite (https://netsuite.com/david) Insiders Guide Email Newsletter Get our free Investors' Checklist when you sign up for the free Money for the Rest of Us email newsletter (https://moneyfortherestofus.com/insid...) Our Premium Products Asset Camp (https://assetcamp.com/) Money for the Rest of Us Plus (https://moneyfortherestofus.com/hub/) Show Notes The Closed-End Fund Market, 2023—Investment Company Institute (https://www.ici.org/system/files?file...) The Income Factory: An Investor’s Guide to Consistent Lifetime Returns by Steven Bavaria—McGraw-Hill Companies (https://bookshop.org/p/books/the-inco...) Retirement Money Secrets: A Financial Insider's Guide to Income Independence by Steve Selengut—RIC LLC (https://theincomecoach.net/book/) How to Invest in Closed-End Funds—Money for the Rest of Us (https://moneyfortherestofus.com/close...) Investing in Closed-End Funds Course—Money for the Rest of Us (https://moneyfortherestofus.com/cef/) See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell....