Investment ideas – Income ideas in closed end fund land

Mulling an Adventurous Income portfolio by adding the TwentyFour Income to the watchlist

My core contention for some time has been that UK interest rates are too high. They are punitive, with positive real rates well over the inflation rate. This might be necessary if the UK was expanding too fast, but we are far from that happy outcome, with the GDP growth rate well under the long-term average.

We’ve seen UK interest rates come down by a sm…