An elderly gentleman, a retired military officer who was once my neighbour, has been asking me pretty much the same question for decades, “What are some good dividend-generating equity funds?” All these years, I’ve been explaining to him, as patiently as possible, that fund dividends are not really dividends, etc., but it hasn’t made much of a difference.
It took me a long time to understand that while I was trying to fill this vessel, a liberal supply of fund dividends were drilling h ..