Alpine Total Dynamic Dividend CEF (AOD)

[bar1080]

Actually the overwhelming percentage of tech stocks will be losers. Probably 90%. Many will go to zero. But the rare good ones usually make up for many bad ones. And I'm talking about NASDAQ/NYSE, not the worthless OTCBB or Pink.

Few investors understand that tech stocks are actually terrible investments. Except for the very, very rare winner.

Your "pretty good" track record with CEFs is mostly because that category is red hot right now because people are chasing yields to "an insane" degree. In the same way, my muni bonds have done fabulously over the past decades. But I know many are garbage.

I keep looking at CEFs and find almost none that beat the S&P 500. AOD is one of the very worst. Compare it with SPY over virtually any time period.