A post on the PSEC MB put me to thinking about there Bonds. Currently the BBB rated bonds can yield 4 to 7% depending on Duration. If and when interest rates and yields rise I will put some on my buy list. They have one bond that matures 12/15/2015 that yields 1.59% might try a few now.
Seriously PSEC bonds sell for a premium, that means the Bond crowd has no fear. I might buy some short duration PSEC Bonds myself.
There is no time limit on length of a hold. But its not a stock,ETF or equity of any kind, UWTI and DWTI are ETN with is a Derivative.
UWTI and DWTI are not ETF they are a ETN. I often trade both numerous times in a day and they are my biggest win of 2015. I like to follow the trend to control risk and let the gamblers gamble.
I prefer to trade UWTI/DWTI as a day trade going with the daily trend. Its n a ETN its not a stock or ETF. Best of luck to all strategies.
Don't worry !! When the water gets deep we will use deep water drillers to get the oil. Now take a Midol and a nap and all will be well;)
UWTI is a 3X leveraged Day Trade , not a stock to hold. Contango and expenses eat away gain. USO might be a little better but has the same problems.
Brent and WTI Spot and Futures are set by traders who like everything to go up and down so they can make money. I consider and use UWTI/DWTI as day trades only and I don't care where PPS moves as long as it keeps moving. The nonleveraged USO might be a better long term hold than UWTI but only slightly so.
Did not go Linn to CHK . Never held LINE but occasionally traded Options when she tanked. And it's none of your damn business how I invest my money!
MCC , FSC and KCAP have all had a Divy cut and a correction. All three have a upside in addition to yield.
I did buy a little CHK because they have cash and pay a very small Distribution plus Uncle Carl added a bunch of shares.
Linn Energy,s chances to survive the downturn is increased. But the profits will go to lenders for a long time. Not a stock I wish to invest in at this time.
Some Blue. Chips thar yield 3% are considered high zyield by many. The yielders that aren't in conjunction with a Capital Gain will be hurt as interest rates rise and compete with them.