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Vanguard High-Yield Corporate Message Board

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  • newport4q newport4q Oct 2, 2008 9:02 PM Flag

    Anybody still in this POS?

    Maybe when the DOW hits 9000 we will get a sell signal from Brinker.

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    • Dear VWEHX investors,

      I have been in the fund for nearly 8 years. So I have generally had a pretty good ride on it. I used the dividends for other stock funds, vacation pay ( I am self employed ), and cash to pay down a building I own. I have sold nearly 80% of my position and am holding the rest ( at a loss) for the next 10-15 years. As I stated in several earlier posts I would look for a bottom and then start buying. The idea that this drops 1-2% everyday is astonishing, but the potential price to pick this up at could also be astonishing. Example 1. You buy at $4.00 get a great yield ( it's not really 9% plus...don't be fooled by that) of around 6-7 % and price appreciation of 50%. It will be at $4.00 in another 12 days at this rate.

      Best Wishes to everyone....voice your disgust with Wall Street and the politicians in e-mails, letters and blogs..yes it does matter!

5.74+0.04(+0.70%)Oct 7 6:45 PMEDT