|
Just so we are clear, I like their products, I hold the IDS, I've traded the thing.
And now what? I bought it in the beginning for the income. I hoped for growth - my original cost is near, but below the current price (timing is everything). I'll hang on to the remaining notes, even if I COULD sell them. But the common? IDUNNO. They have returned about 42% of my original cost as return of capital (with more expected this year - my guess). Except for the ROC, considering the trouble over the past 2 years, it has held up pretty well. The yield is OK, MAYBE the growth prospects are too. So, the question? As an income investor, I can presently get a tax free muni yield near or equal to the BGS taxable yield. Should I hold? Why should I hold? Just lookin' for thots. Sentiment : Hold Rating :
![]() ![]() ![]() ![]() (1 Rating) |
|
|
Page
1
of about
1
First
| < Prev
| Next >
| Last
|
Messages in Topic
| Subject | Author | Rating | Time of Post (ET) | ||
|---|---|---|---|---|---|
|
SO WHAT !
|
finle1y | (1 Rating) | 2-Nov-09 07:54 am | ||
|
I'm afraid of Muni's because states can default.
|
banker6991 | Rate it | 3-Nov-09 01:56 pm | ||
|
banker6991
I have some state specific muni...
|
finle1y | Rate it | 4-Nov-09 09:28 pm | ||
|
>>I buy general CEFs
Absolutely. I ha...
|
finle1y | Rate it | 22-Nov-09 05:05 pm | ||
|
Your 9% tax-free muni yield is either using levera...
|
strum_this | Rate it | 3-Nov-09 04:46 pm | ||
|
strum_this
Thanks for the thots. I used t...
|
finle1y | Rate it | 4-Nov-09 09:52 pm | ||
|
Yeah, my biggest investments currently a...
|
strum_this | Rate it | 11-Nov-09 09:29 am | ||
|
>>biggest investments currently are...
|
finle1y | Rate it | 22-Nov-09 05:12 pm |
|
Page
1
of about
1
First
| < Prev
| Next >
| Last
|
