Miss The April Dip? This Big Dividend Still Sells For 20% Off

Group 1 - The current market is perceived as "pricey," leading many investors to hesitate in making purchases until a market dip occurs [2] - Despite the market's high valuation, it is suggested that investors should continue buying, particularly through discounted closed-end funds (CEFs) that offer attractive yields of 8% or more [3] - The CNN Fear & Greed Index indicated extreme fear in April, but has since shifted to a state of greed, reflecting a strong recovery in major stock indexes [4] Group 2 - Investors who took advantage of the selloff in April have seen significant profits, with the NASDAQ returning 25% and the S&P 500 posting a 19% total return since then [6] - Historical data suggests that investing on all-time high days can yield better long-term results than investing on random days, as all-time highs often become new market floors [8] - The SRH Total Return Fund (STEW) is highlighted as a discounted CEF, yielding 3.8% and trading at a 19.8% discount to its net asset value, making it an attractive investment option [10][11]