Retail dumb money will get caught Tuesday when everybody is running for the exits. Sorry too late to get out now. Disclaimer: SHORT 10K shares.
Sentiment: Strong Sell
I'm waiting for the next secondary to add more
I agree with Prof Brofman on SA. Most likely scenario for the U.S. economy is a protracted period of slow growth and low interest rates, maybe even the Japan scenario playing out here. Hard to beat MORT for high yield. Mreits are very similar to an investment grade bond closed-end fund on steroids.
Unemployment will jump when the job cuts in energy hit the statistics. And it will be a big rise in unemployment, we're talking thousands of jobs. Everything is transient. Biggest risk to Mreits is the flattening yield curve and refi prepayments as mortgage rates fall. Some Mreits are better hedged on this than others. Hold this and collect the fat yield.
CEFL's portfolio was revised significantly for 2015. It's now about 2/3 debt/bond, and 1/3 equity. The only reit holding is AWP. At this stage in the cycle where equity markets look overvalued, I prefer this new makeup of CEFL.
We're all aware of the information in the ETN Prospectus. If you are nervous about these investment, put your money in a bank savings acct. Cheers!
My divi usually hits my account in the afternoon of the pay date for these UBS Etracs ETN's. They always pay on time. My acct is with TD Ameritrade.
Nope, he had it correct. You get about a half cent per share. This is the highest divi you will see here for a long, long time. I tried to warn the sheep, but the usual pimps have been here pushing this POS
Sentiment: Strong Sell
Looks like SXE found some support at $12. This MLP is oversold and a Screaming Strong Buy at these levels. Investors should take a hard look at their last Presentation at the website. Expecting growth + high yield income from SXE.
Sentiment: Strong Buy
Obozo is the most clueless President in our history. I never thought we would see a worse President than Jimmy Carter, but this clown is much worse.
You need to take a hard look at the methodology used in rebalancing the ISE High Income Index each year. New CEFs are selected based on yield, discount/NAV, and liquidity. The dogs of the CEF universe are being added to the fund index each year, while the better performing CEFs are removed from the index. I would never select a CEF based solely on yield and Discount/NAV. good luck
this methodology is flawed, because there's often a good reason a CEF is selling at a big discount, because it has poor management and lousy LT performance. Sorry but I now think this ISE High Income Index is a red herring.