I think PSEC is a buy,hold and drip until the PPS gets so high and your gain so big you can't stand it. I don't invest with 20 year time frames .
The rule of law is for sale in India worse than China. A fund based on USD might be at a disadvantage with a strong dollar. I have read a interest rate increase would hurt emerging market funds. A small position on the bottom might work.
Opie, "Good luck" means if you jump into MLP at this time you will need some good luck. I read somewhere in April many will try and secure new loans and some will not succeed . If I wanted to buy upstream now I would buy XOP a ETF with a basket of 81 E&O . Iam selling out of the money Put each week for income ,sooner or later I might hit a few on a big pullback.
You sound jealous of Germany because of there work ethic and and smarts. The Soviet Union made moist of the Eastern Europe what is is. Greece is a beautiful land that is not capable of self government. Putting this topic to rest.
Peter you seem to have a grudge against Germany that defies all reason. The economic power of Germany is all that's holding Europe to together. Greece will probably leave the EU as deadbeats and borrow from fellow Socialists like Obama.
Please remember the deal with India was with the Obama administration. No one adheres to the agreement with Obama if the situation moves not to there favor.
I see Greece news as noise. I doubt few thought Europes economic basket cases could float there ship.The losers will be the people of Greece who will sink lower into disparity. Radical Socialists can not lead because they are blind to economic reality. If market drops i will buy .
If you are risk adverse and can be happy with little yield and little risk buy a bank CD. The main thing is to enjoy your life and live in emotional comfort..
I don't see XOP or XLE as trade fodder. I see both as a long term hold on oil recovery. SCO and USO are the short term trade fodder. IMO XLE is a buy now in moderation and XOP will be a buy at a later time after any MLP shakeouts over financing. Selling Out of the money Call and Put in a moderate controlled manner should provide me with a annual 20+% gain as long as we have Volatility irregardless of PPS. The weekly Options are a Gold mine to provide income with controlled risk.
I waited for that big correction for years, it will be a good time to add. Perhaps you should start small and add on downturns as you get comfortable .