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.