John Cole Scott finds the best holiday bargains in closed-end funds
Money Life with Chuck Jaffe - A podcast by Chuck Jaffe
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It's Black Friday, ahead of Cyber Monday and the start of the home stretch for holiday shopping, but it's not just about what's happening with retailers. John Cole Scott, chief investment officer at Closed-End Fund Advisors sorts through the big discounts in the closed-end fund world right now and comes up with four issues -- two in stocks and two in fixed-income -- that would be sound additions to an investor's holiday wish list now. Then the talk turns to retail fraud as Melanie McGovern of the International Association of Better Business Bureaus, discusses how online fraud losses thus far in 2022 have hit record levels of nearly $400 million before the holiday shopping season even gets up to speed, then Julie Ramhold of DealNews talks about the differences between Black Friday and Cyber Monday and how consumers can make the most of both days and the rest of the holiday bargains, plus Chuck discusses steps that listeners can take to keep the holidays in perspective during times of rising interest rates and high inflation.