Quote:
Originally Posted by Chatbrat
A person had mentioned that they get 6%, I have a big investment in Gabelli Utility Trust (GUT) it pays close 8% and the dividends are based on 12 month payments, but a really big benefit is it you reinvest dividends, you get a 5% market price discount--close to 13% (total)--have this stock over 25 years--double your investment close to every 7 years
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That would be an excellent choice with significantly better return than paying off the mortgage with the same money....if one is so inclined to do so....