I invest in 6 closed end funds as found on cefconnect.com, selecting only “tax-free” issues for this taxable account. The selection will not vary much, if at all.
UPDATE: May 21st, 2016 I decided to make the ‘sharebuilder’ investments twice each month again, usually on the 2nd & 4th Tuesday unless a Holiday disrupts the plan.
This week I ‘only’ have 3 ‘free’ trades left, so I will pick 3 of the 6 CEFs (mentioned above) for the Sharebuilder Investments.
Beginning in May, 2016, investment amounts will be based on available cash in the account and lasting through the next 3 months.
Any common stock remaining in the account will either be sold or used to sell covered calls for additional income.
As always, YMMV!