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The Royal Bank of Scotland Group plc Message Board

  • robbhyland robbhyland May 25, 2010 3:23 PM Flag

    Time to Accumulate Again?

    I'm thinking to begin dipping my toe in again on the RBS F,H & L's Preferreds. Yields are back near 11%...

    Looking like a buying opportunity to me...

    Anyway have any opinion?

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    • yes rob .. but i didnt want to sit on dead money for 2 years... i live very low end anyway without dept so if i lose all 12 blocks i can still eat my patio beef and bean burritos....

    • You are invested in RBS common stock? Hmm..... gutsy play...... high risk/return...... Ouch on Friday's drop.

      I'm continuing to nibble on RBS H & F every time they reach 10.5% yield...... But not big positions like last year..... only holding a few thousand share each.

      The market and europe in particular will be facing downward pressure for a while..... But when everyone is panicking, usually turns out to be the time to accumulate.

      Just hard going against the herd....

      Good Luck from your Texas neighbor. I really hope RBS can pull it off......

    • im 55 and live in overland park kansas... at this point im going to sit with the plays i have cause i have no new cash. so far so good for me.. its the 12 blocks of rbs common im watching for a pop then i will have new cash to spread..

    • The 11% Yields were too compelling... So I added to my RBS-PF holdings this week. Got a little bounce, but still selling >30% below PAR.

      I year from now I will probably be kicking myself - becasue I didn't buy enough...

      Europe is volatile now, so only added 1K shares..

      Also added some AED, but IMHO, the best opportunity out there this week is AFC. Now that Allied Debt has been assumed by Ares, I am expecting a rating upgrade... With AFC, you capture a 9% yield and a >20% discount to PAR.

      Been buying on the dips all week..... and rewarded for it yesterday.

 
RBS
12.025+0.075(+0.63%)2:08 PMEDT

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