Investment trusts are closed-ended funds with a fixed number of shares, which can trade at a discount to their net asset value (NAV). Discounts impact total returns, with investment trusts offering unique advantages like access to illiquid assets and the ability to provide steady income. While discounts can affect returns, they matter less over the long term and are more important for investors seeking bargains or regular income.
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Is This the Perfect Age to Start Social Security?
You prepare for retirement by saving and budgeting, but optimizing your Social Security claim is crucial for maximizing your benefits. While you may have a claiming age in mind, there is no universally perfect age to sign up; some ages may be more advantageous depending on individual circumstances. Explain It To Me Like I'm 5: Choosing when to get your Social Security money is important because it can make a big difference in how much...
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