Money and Investing Have Changed, with Chuck Jaffee
Afford Anything
00:00
Closed End Funds - Are They a Good Investment?
There are what's called interval funds, which typically are a type of closed end fund. They frequently sell at discounts. If the discounts get really wide, people will step in and say, hey, let's fight to change the fund structure and get our money back. But then you have an interval fund which basically says you can only take out a certain percentage of your money,. You can only do it quarterly.
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