With stocks back in “climb” mode (at least for now!), it could seem like a good time to look for a hedge against the next downturn. If you’re looking for hedges that also pay big dividends, you might be considering resource funds—especially those in oil and gas, or maybe even gold. Today I’m going to show you why you should resist this strategy, or at least be very careful about it. Closed-end funds (CEFs ), which yield 8.3% on average today, are my beat at my CEF Insider service, so I’ll use CEFs (which we love , especially outside the resource space!)… Read more