One 90% silver dime could buy a Big Mac and you would get change back.
Enjoy this board and it's many good commenters .
J-MAN is always helpful and tells the truth.
Fifth Street Finance Corp. Sells Healthcare Finance Group to MidCap Financial...( HFC).
I'm overweight FSC, and under water, but I'm getting a nice Divy. LOL
As PHK gets closer to NAV, the 38% premium will be reduced, making PHK a much better buy.
PHT is under NAV, but still the bleeding continues.
Me thinks this (PHT) is over done. I'll just ride it out.
Wish I had more encouraging words.
" I still think most banks are powder kegs just ready to explode with a black swan event. "
I agree with Clrodrick. Our banking system is better than in 2008,
But I still have misgivings about the big ones.
I will only deal with regionals and my credit union.
Clrodrick.... it's Friday and I'm ready for some pale ale @ 5 PM. LOL
Cheers to you my friend!
Rent, college, and medical are the real inflationary movers.
For people who have good retirements,houses paid for, and dry powder, there is much to be thankful for.