Cliffside Malibu

Drug and alcohol addiction remains a major health concern to millions of people around the world.  When a celebrity needs help, they often try to remain invisible and avoid any public scrutiny. Sometimes they don’t exceed and it’s front page news or all over the tabloids.

But where do the top 1%ers go to get help for their drug and alcohol addiction?  You know the  millionaires and billionaires with more money than they know what to do with.

Cliffside Malibu in Southern California has long been the top choice for business professionals, celebs, athletes who can afford the very best in addiction treatment and medicine.

Cliffside Malibu first opened in 2003 and is discreetly hidden in a scenic canyon about 25 miles from downtown Los Angeles.

This premier rahab center enjoys an international reputation for innovative therapies, luxurious amenities and absolute discretion. In addition, they provide the highest success rate in the country through a treatment approach that is so effective it is guaranteed!

Richard Taite is the founder and CEO became passionate about helping other addicts. He followed his passion by converted a dream home that overlooks the scenic Pacific Ocean to open Cliffside Malibu. His goal was to create a treatment center he would have wanted to get well at.

Cliffside Malibu is an exclusive boutique facility which enables them to cater to their elite clientele with a customized addiction treatment program that has all the amenities they are used to having in their daily lives.

Offering incredible white water ocean views, this private estate provides all the amenities that can be found in a 5-star resort. Be pampered with down pillows and comforters, 1000 thread count sheets, turn down service, plus gourmet chefs that cook to order using organic food when available.

To receive additional information about Cliffside Malibu, please visit: www.cliffsidemalibu.com

My Luxury Auctions

How would you like to enjoy an incredible 4 day – 3 night getaway for 2 people and attend the 2013 55th Annual Grammy Awards? Of course you’d love to, but what if it didn’t cost you anything to win the auction. Even better, right? Now read on and make your dream a reality.

My Luxury Auctions “MyLuxuryAuctions.com” helps everyday people achieve uncommon prestige and gives anyone a wonderful opportunity to own and experience everything that is luxury – luxury vacations, cruises, jewelry, cars, yachts, real estate and much more! The thrill of online bidding is truly an adrenalin rush – become part of this exciting trend.

The Life of Luxury (https://www.thelifeofluxury.com) has partnered with My Luxury Auctions to create and provide an array of luxury products and travel packages to auction off. The first package (valued at $12,000) we offered is a once-in-a-lifetime chance to attend the 55th Annual Grammy Music Awards scheduled for Feb. 10, 2013 in Los Angeles, California.

Grammy Music Awards

If you are the auction winner, two people will fly to Los Angeles, California on Friday then spend Saturday exploring the city’s  popular local landmarks and luxury stores. On Sunday, you’ll attend the Grammys then fly home on Monday. This amazing luxury auction travel package includes all airfare (first class) and hotel accommodations (five star or greater.)

As a leading provider of VIP Event Tickets, The Life of Luxury is very excited to partner with My Luxury Auctions and provide the best life has to offer.

With an ambitious goal of becoming the world’s best online penny auction service for luxury products, MyLuxuryAuctions.com offers people a chance to experience uncommon prestige.

I asked Jason Mottley from My Luxury Auctions what was the driving force behind the company’s concept?

A: “We realized there was an untapped market for a quality online venue which could hold high-end luxury auctions and most importantly – give back to the community through charitable donations.

Of course everybody is familiar with eBay but is not built for the luxury market. A lot more finesse and care is required with selling luxury items or assets that can be valued sometimes into the tens of millions of dollars.”

Auction sites like My Luxury Auctions provide numerous advantages over traditional auctions. Discover that many luxury items may be obtained at a fraction of their regular cost. By simply visiting, you’ll get an opportunity to bid and win a luxury product or vacation package for a whole lot less … literally pennies on the dollar.

Jason Mottley was asked about the large amount of interest and media coverage My Luxury Auctions has received so far?

A: “We’re not really surprised at all. We saw the need for such a niche. By creating this auction venue, we created a single place on the web to buy the best luxury products available. This levels the playing field the field by making luxury items within reach of almost anyone.

What we’re most proud of is the winning auction bid becomes our Auction Donation Value. MyLuxuryAuctions.com will donate this closing value of the auction price to one of five charities the winning bidder selects, including: American Heart Association, American Cancer Society, The Breast Cancer Research Foundation, Promise House and Loving My Neighbor.”

To begin, the process is quite simple. All you’ll need to get started is purchase your credits in advance then start bidding on any luxury item you like. Access high-end luxury products and services at extremely low prices.

Looking for a memorable tropical vacation? There are currently several terrific luxury vacation getaways available including a 9 day trip to Hawaii for 4 people. Begin by visiting The Big Island and Maui, then end up on the capital island of Oahu. Looking for a romantic getaway for 2, then you’re in luck. Enjoy time on the lush, Garden Island of Kauai, the tranquility of Lanai, then finish up by experiencing the true Hawaiian culture on magical Molokai.

If you have always wanted to own a luxury boat, then take a look at a 2009 Supra Sunsport 24V. This incredible red craft measures 24 feet long, and offers a 340 Hp engine. The boat holds up to 16 people and is loaded to ensure a fun-filled afternoon on the lake. If purchased new, this luxury boat would retail at around $80,000. Bid now and can you can end up winning it for just pennies on the dollar.

Don’t worry about getting a sub-par trip. Each vacation package offered is booked using only first class travel and the best accommodations. In addition, the winner will also receive a pre-paid debit card valued at thousands of dollars of instant cash available to spend as you wish!  This offering is an unheard of value-added reward.

Keep a look out for many other luxury products such as fine watches, jewelry, high fashion, vacation getaways, shopping experiences, and much more!

You’ll receive A+ service throughout the auction process. One of their Destination Experts will help the winner customize their vacation experience.

So what are you waiting for!  Please visit http://MyLuxuryAuctions.com and start bidding!

Apple

On Monday, Apple’s stock hit a all-time record share price of $663.23. The result was a significant event for the mega hi-tech company, but another major milestone was achieved.

The market value grew to a staggering $622 billion, which surpassed the previous $618.9 billion record held by Microsoft back in 1999.

Apple now becomes the most valuable company of all time, and is on tear rolling out millions of iPhones and iPads to a tech-starved world. At the end of 2011, Apple became the most valuable company and now is worth about 54% higher than Exxon Mobile Corp who is #2.

The meteoric rise of Apple’s stock is incredible. Back in 2004, Apple had a market capitalization value of only $10 billion. Just three years ago, Apple’s valuation was about $100 billion.

Apple’s stock had pulled back from his previous high about four months, but is on fire once again. What is fueling the recent surge appears to be the optimism of two new product launches – the iPhone 5 and a smaller and less expensive version of the successful iPad.

Does Apple’s stock price still have room to rise even further. Many stock market experts say yes. The company’s price-to-earnings ratio for the prior 12 months is 15.6. This is surprisingly lower than the overall S&P 500.

As the 2012 Summer Olympic Games in London have ended, there were so many incredible stories of success and overcoming adversity to become the best athlete in the world.

Much like the long hours of training and drive to be number one, there is much overlap between what drives an Olympic athlete to success and what we face every day in our lives at work or home.

Shawn Anderson is a best-selling author, national speaker and motivational corporate trainer. He has a philosophy to “go the extra mile” to produce winning results at whatever he does. His goal is help motivate people to be success-driven.

So it doesn’t matter if you’re an underdog or leading contender in life, strive for what you want and keep you rend goal in sight. The key to success is within you, you just have to dig deep and make it happen!

Anderson says “Watching others succeed in the Olympics is fun…no doubt. But when we get only one life, why not try achieving our own Olympic-like success?”

But according to Shawn Anderson, there is so much more to be garnered and applied to our own lives from watching these success-driven athletes.

“An Olympic performance is an amazing example of what can happen when one stays dedicated to a mission,” Anderson says. “In fact, the Games are a perfect time to learn a few life-changing lessons that can catapult us to more success in our own lives.”

Michael Phelps

Below are eight secrets to success that Olympians such as Olympic swimmer Michael Phelps possess that you can embrace in order to achieve your own personal goals:

1. Olympians have an unstoppable purpose. They know what they want, and they are passionate in their pursuit of going after it. Injury might sideline them occasionally, but they have a fire within them that pushes them forward. Nothing hijacks the mission. Three-time Gold medal winner Florence Griffith Joyner: “When anyone tells me I can’t do anything, I’m just not listening any more.”

2. Olympians make every day count. They recognize that time is limited, and they are disciplined in working as hard as they can each day. Olympians understand that today’s preparation and effort determines the level of tomorrow’s success. Many athletes plan out their training schedule up to four years in advance to make sure they reach specific performance goals.

3. Olympians don’t make excuses. They focus on reasons why they can do something, not why they can’t. Swedish shooter Oscar Swahn didn’t let the excuse of age stop him from winning Olympic gold at the age of 60. Even at 72, Oscar competed in the 1920 Olympics.

4. Olympians link up with others. They connect with the best coaches so that they can learn and fully develop their  talents. At age 14, 2012 gold medal winner Gabby Douglas left the security of home for two years to train with one of the best gymnastic coaches in the world. If you want to be the best, hang with the best.

5. Olympians grow “good” from “bad.” They know that they have a choice in how to respond to every event or occurrence.  They do not surrender to negative emotions for long. South Africa’s Oscar Pistorius didn’t let being a double amputee stop him from running the 400 meters in the 2012 Games.

6. Olympians try harder. Directing all their efforts toward success, Olympians give their goal everything they have. Swimming world record holder Janet Evans swam 10 miles per day, six days a week, in order to return to the Olympics.  That’s 330 lengths of an Olympic size-pool.

7. Olympians believe “better” always exists. They believe they can jump higher, run faster and get stronger. Olympians  always push for the “more” that is inside of them. American Skeet shooter Kimberly Rhode had medaled in four previous Olympics. In 2012, she won again … this time setting an Olympic record by hitting 99 out of 100 targets.

8. Olympians don’t quit on themselves. They recognize defeat as a necessary obstacle to overcome in order to find  eventual victory. Failure is short term and Olympians never let a defeat define them. Dan Jansen was favored to win  skating Gold in 1988, but on race day, Dan’s sister died. He later fell on the ice missing out on a medal. Never quitting, Jansen came back two Olympics later and won his Gold.

Maker’s Mark

It swings from politeness to ruthless personal attacks. Strategic direction effecting our country’s future to bumbling mistakes and missteps.

Yes, we’re talking abut the 2012 Presidential Race in the U.S. There’s a lot at stake but why do we all have to take this so serious?

Maker’s Mark is one of Kentucky’s finest bourbons. The company’s great tasting bourbon is made from soft red winter wheat, rather than of rye.

<h3>Maker’s Mark has created two political themed cocktails to enjoy at any social gathering. Kick off the election season some light-hearted political intrigue.

Maker’s Mark bourbon features a smooth flavor that makes it ideal for mixing delicious cocktails. Enjoy!</h3>

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Romney Hood
* 1-1/2 parts Maker’s Mark(r) Bourbon
* Fresh mint
* 2 tablespoons simple syrup muddled with mint
* Squeeze juice of two lime wedges
* Splash of triple sec

Mix all together and top off with a splash of soda. Serve on the rocks in a tall glass rimmed with sugar. Garnish with a lime wedge

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The Obamacare
* 1-1/2 parts Maker’s Mark(r) Bourbon
* 1/2 part sweet vermouth
* 1 teaspoon maraschino cherry juice
* 1 maraschino cherry

Shake all together for 30 seconds. Strain into chilled Manhattan glass. Garnish with a maraschino cherry (served up, no ice)

Finca Rosa Blanca Coffee Plantation and Inn

Eco-friendly, sustainable tourism experiences have been gaining in popularity. Women have been a key driving force being this movement and labeled by many as eco-preneurs.

Women are now bringing their influence by focusing on the world’s growing environmental issues of sustainability and ecotourism development.

We want to share the efforts of nine international eco-preneur women, who are pushing forward their collective power behind eco-friendly, sustainable tourism experiences.

Enjoy their devotion and compassion with conservation plus life’s little luxuries to offer new solutions in sustainable tourism and business experiences.

Teresa Jampol, Finca Rosa Blanca Coffee Plantation and Inn <http://www.fincarosablanca.com>

Teresa Jampol is co-founder and co-owner at Finca Rosa Blanca Coffee Plantation and Inn above the beautiful Central Valley of Costa Rica. She is often found harvesting organically grown produce from her gardens, when she isn’t sharing sustainability strategies with other hospitality operators or teaching guests about the local environment and culture. With husband Glenn,   Jampol went on to design and build Arenas del Mar Nature and Beach Resort, in Manuel Antonio, which opened in 2008 and is the first five star and five leaf resort in Costa Rica.

Karen Emanuel, Jicaro Island Ecolodge <http://www.jicarolodge.com>

With a degree in genetics, and a background in music and media, successful London-based business woman Karen Emanuel found herself on an off-the-beaten-track vacation to Nicaragua five years ago.  She discovered Jicaro Island after seeing a notice posted in a restaurant proclaiming “Island for Sale”. In 2010 Emanuel opened Jicaro Island Ecolodge, built with minimum impact to the island and careful attention to water conservation, wastewater treatment and electricity usage.  Since opening, Jicaro Island Ecolodge has been on international “hot lists” introducing Nicaragua to eco-tourists world wide while helping to grow tourism within the region.

Lapa Rios Ecolodge

Karen Lewis, Lapa Rios Eco Lodge <http://www.laparios.com>

Twenty years ago Karen Lewis and her husband John liquidated their assets in Minnesota to finance the purchase and preservation of a large tract of lowland rainforest in Costa Rica and build a small, supporting ecotourism project. Their Lapa Rios Ecolodge sits upon the 930-acre Lapa Rios Reserve, overlooking a pristine point where the Golfo Dulce meets the wild Pacific Ocean. The reserve helps buffer neighbouring Corcovado National Park and serves as a wildlife corridor. Their efforts have been awarded Costa Rica’s highest certification in sustainable tourism (CST), and a conservation covenant through The Nature Conservancy and Centro de Derrecho Ambiental y de los Recursos Naturales (CEDARENA) – the Centre of Environmental Law and Natural Resources – ensures this first growth forest will be preserved in perpetuity.

Andrea Bonilla, Cayuga Sustainable Hospitality <http://www.cayugaonline.com/>

Born and raised in Costa Rica, Andrea Bonilla spent most of her youth at her parents’ farm where she developed a strong relationship with the environment and local culture. Bonilla is now managing director at Cayuga in charge of the operation of hotels in Costa Rica and Nicaragua, and was instrumental in founding Earth Equilibrium Foundation, a non-profit that funds and creates educational and biodiversity conservation programs where Cayuga Hotels operate.

Megan Weeks Adams, Patagonia Sur Reserves & Patagonia Sur Foundation <http://www.patagoniasurreserves.com>

Conservation and sustainability have always been Megan Adams’ guiding goals. The Patagonia Sur dream began when she and husband Warren travelled to Chile, fell in love with Patagonia and began purchasing land with the idea of creating a new model around for-profit conservation.  Adams has inspired  a series of initiatives, including creating sanctuaries such as the Melimoyu Ecosystem Research Institute for Patagonia’s rare and endangered flora and fauna, sequestering carbon dioxide emissions through native-species reforestation, conserving local culture with historical restorations and visitor investment, placing 90 per cent of their land holdings into permanent conservation to protect wildlife corridors, natural vistas and ecologically sensitive areas, and hosting workshops to create and train a network of regional environmental educators and hosting eco-camps for local grade school children.

Anne Kutay, Wildland Adventures <http://www.wildland.com>

Wildland Adventures is a distinguished adventure travel company, founded in 1986 by Anne and husband Kurt Kutay on the principle that culturally and environmentally responsible travel can be a powerful force for change. A believer in the value of co-opetition, together with Kurt she also helped launch Trusted Adventures, a partnership of nine distinguished, award-winning, and independently operated companies united under a common mission to provide authentic, transformational travel experiences.

Maureen Gordon, Maple Leaf Adventures <http://www.mapleleafadventures.com>

Born and raised in Victoria, BC, Maureen Gordon spent summers on the beaches of BC’s southern coast and inherited a love of nature from both of her grandfathers, one who owned a saltwater fish tank teeming with sea life, and the other who was an enthusiastic backyard birder. She brought her business and communications skills to Maple Leaf Adventures, a longtime practitioner of ecotourism, and a pioneer in travel in the Great Bear Rainforest and northwestern Vancouver Island.  Now a co-owner along with her husband Kevin, Gordon explores BC’s wild West Coast sharing her love of nature, conservation and this unique place with guests aboard the 100 year old Maple Leaf schooner.

Becky Eert, Nimmo Bay Resort <http://www.nimmobay.com/>

Although Becky Eert only recently joined the team at Nimmo Bay Resort, she has been preparing for the experience her whole life. Spending summers growing up camping with family on Quesnel Lake, Eert fell in love with wilderness and water.  Together with her partner Fraser Murray, she is co-managing the eco-legacy launched over 30 years ago by Murray’s parents. Nimmo Bay Resort exists completely off the power grid and for nine months out of the year, runs on green hydro energy supplied by the onsite waterfall that also provides its guests and staff with clean drinking water.

Daniela Cubelic, Silk Road Tea <http://www.silkroadtea.com>

Daniela Cubelic is a highly acclaimed tea master who received her training from Chinese and Taiwanese tea experts and herbalists. During her 20-year career in the tea industry, Cubelic has become one of North America’s foremost tea experts in a city famous for afternoon tea.  In 1992 she founded Silk Roads, a thriving retail and wholesale business in Victoria’s historic Chinatown that attracts visitors from around the world. Silk Road uses minimal, eco-friendly materials and packages for all its products. Clients are encouraged to reduce waste through discounts on product refills and the store wraps purchases in recycled paper, promoting the use of recyclable, re-usable gift bags and boxes instead of gift-wrap.

Trump House by Cimon

How would Donald Trump redecorate the White House if he had run for the presidency, and won? That is the question world-renowned artist Cimon asked Doanld Trump last year while he was considering running for President.

A client wanted to give Donald Trump a sculpture to help him decide and encourage him to run for the White House. When Trump pulled from the race, the commissioned art piece was pulled.

Well now you can purchase the actual sculpture Trump House created by Cimon on eBay.

Cimon is best known for the sculpture, “Love, Paris” a LEGO motorcycle decorated with pink Swarovski crystals and commissioned for Paris Hilton‘s 30th birthday.

The Trump House is a LEGO® set of the White House that been covered with stunning, clear Swarovski® crystals lying on a layer of beautiful, emerald green Swarovski crystals.

The Trump House is 9 inches by 6 inches by 4 inches. This one of a kind collectable sculpture took Cimon over 100 hours to complete.

The starting bid for Trump House is $5,000 and can be viewed on eBay by clicking here – http://t.co/5c3Tbgq3

Looking for an ultimate getaway? How about throwing down almost $5 million to stay in a floating luxury hotel! Orsos Island is quite impressive.

Orsos Island is part superyacht – part island. It measures 121 feet by 65 feet of pure luxury and offers over 3,300 square feet of living space. The Orsos floating superyacht features six luxurious double bedrooms that can accommodate up to 12 millionaires. There’s even room for four staff members on board.

When asked about his inspiration behind Orsos Island, Gábor Orsós answered that his goal “was to create an exclusive, high-quality hotel chain based on floating platforms. With the progress of the project it became clear that the attractive and unusual concept of Orsos Islands should not be limited to only a selected group of people.”

Eco-friendly Orsos Island strives to be self-sufficient and harnesses most of its required energy from both solar and wind power. Heat recovery from the sea keeps Orsos Island cool in the heat and warm in the cold.

The stunning sun deck of the island features luxury amenities including: Jacuzzi, BBQ, sun roof loungers and even a bar.

Orsos Island creator Gábor Orsós is also working on a prototype in Germany and Hungary with his design team. Expect to see their work completed by the end of 2013.

Montblanc Donation Pen Johannes Brahms

The incredibly stylish Montblanc Donation Pen Johannes Brahms is a Limited Edition writing instrument that is sure to impress.

Montblanc’s Donation Pens honors outstanding personalities from the world of classical and contemporary music, including Johann Sebastian Bach and Herbert von Karajan.

The overall design of this Special Edition fountainpen conveys the unique style of the talented composer’s music: traditional yet pioneering and inventive.

The handcrafted Montblanc masterpiece is complemented by details inspired by the fascinating world of classical music to which Brahms dedicated his life.

The cap and barrel of the Donation Pen Johannes Brahms writing instrument are made of black precious resin enhanced with platinumplated fittings. The clip shaped like a tuning fork and the five lines of a music staff decorating the cap bring to mind the excitement of his symphonies and orchestras tuning up before a performance.

To purchase, you can find the Montblanc Donation Pen Johannes Brahms Special Edition at all Montblanc Boutiques. The Montblanc Donation Pen Johannes Brahms Fountainpen will be available as a Fountain Pen, Rollerball and Ballpoint Pen.

Vertu Constellation Candy

Vertu is the market leader in luxury mobile phones. The luxury technology company has added an elegant and feminine feel to its latest smartphone, Constellation which has resulted in the birth of Constellation Candy.

As the pioneer and leading manufacturer of luxury mobile phones, Vertu creates technology that complements the discerning customer’s lifestyle.

Constellation Candy is a stunning offer in a collection of bold summer shades that were carefully created to seamlessly complement and enhance the discerning lifestyle of the fashion forward female.

The luxury Constellation Candy cell phone touchscreen model delivers the perfect balance between an unparalleled art of craftsmanship and modern technology while offering an unrivaled range of category leading exclusive services.

As summer near, Constellation Candy is available in several bright hues including: mint green, raspberry and tangerine.

Each phone’s handset exudes personality and features 0.34 carats of natural gem stones that are all delicately handset in a reduced setting around the pillow on the front of the phone: Rubies for the Raspberry Candy; Tsavorites for the Mint Green Candy and Orange Sapphires for the Tangerine Candy.

High performance materials are used in the curation of this product, such as a single piece of flawless 3.5” HD multi-touch sapphire crystal for the screen, an 8 megapixel camera with an intricate ruby surround on the shutter key, polished ceramic pillow, surgical grade stainless steel with satin and polished finish, highest quality leather on the back plate of the phone as well as Vertu’s unique high fidelity sound system.

With the Vertu Constellation Candy, the sky is the limit and a must for any fashion forward female. Current pricing is as follows:

Constellation Candy Tangerine- $9,500 USD
Constellation Candy Rasberry- $9,500 USD
Constellation Candy Mint Green- $9,500 USD

There will be a literal mountain of cash raining down on the Baby Boomer generation.  Over the next several years, it is estimated that $10 trillion will be inherited by today’s Baby Boomers.

Due to fact that women outlive men by seven years on average, women will receive the lion share of this wealth will get the bulk of it according to a recent Cornell University study.

So the big question is what to do with all that money? Financial expert Scott T. Schultz, author of Scott Schultz’s Guide to Closed-End Funds has a surprising answer.

Scott T. Schultz was quoted, “Women already control 60 percent of the nation’s personal wealth – they outnumber men and they are traditionally the shoppers.”

Scott T. Schultz has had an exceptionally successful career and is a respected expert on the subject of financial investing. He began his career in 1983 at E.F. Hutton and was ranked the nation’s No. 1 Separate Account Money Manager by USA Today for three consecutive years using GIPS verified/audited performance numbers supplied by Morningstar, Inc. Schultz was a GOP nominee for U.S. Congress in 1988, and met with Presidents Ronald Reagan and George H.W. Bush at the White House.

As the first of the boomers begin reaching the age of 65 this year, the U.S. will see an even greater number of retirement-aged women holding this country’s financial wealth.

“Many will inherit money and property from their parents and/or their husbands, and many will live another 30 to 40 years,” Schultz says, citing the Cornell study. “They’ll need to invest their money to ensure they have enough to avoid that impoverished retirement they fear, but they – and the nation – have lost confidence in the stock market; April 2011 saw the lowest number of investors since 1999.”

According to Schultz, what brokers are not telling their clients is about closed-end funds. Schultz was ranked the No. 1 Separate Account Money Manager for three consecutive years by USA Today. He says these limited-issue stocks are available only in finite numbers and because watchful brokers can find them “on sale,” they’re a better bet as an investment for those who are willing to sit on them awhile.

Why is the American public so in the dark about closed-end funds? Noting his book is the first written on the topic in more than 20 years, Schultz says there are a few reasons:

• Brokers can’t generate a lot of commissions from them. Brokers move open-ended funds quickly because they earn a commission with each transaction. It’s easy money for them, Schultz says. Closed-end funds require a longer term investment strategy, so brokers who want to get rich quick won’t use them.

• They require more effort from the broker, who has to work to find the “sales.” One advantage of closed-end funds is that they can sometimes be purchased at a discount, so the investor starts off ahead of open-end investors who are paying full price for stocks, Schultz says. Even if the fund never gets back up to its full value, any increase at all is a gain. But the broker has to be willing to work to find the good investments with good discounts. And then he or she has to be willing to sit on them.

• Closed-end funds are boring! For a lot of brokers, it’s just plain fun to trade stocks in products and initiatives with an exciting ring to them, whether it’s Facebook or a treasure-hunting ship. These brokers are constantly trading stocks – and generating transaction feeds, lawyer fees and underwriting fees every time – because that’s what they like to do. Closed-end funds require thoughtful, sometimes tedious research before buying, and then the patience of a saint as both the broker and the investor wait for the bid price to increase.

To learn more about Scott T. Schultz and his thoughts on Closed-End Funds, please visit: www.closedendfundguru.com