Ok, we had an event. But life goes on.
Treasuries aren't yielding worth of crap again. Where do the yield hungry people put their money ?
I was avoiding all these high yield funds like crazy for the last couple years. But after this carnage there's got to be some opportunites out there. I picked up SGL and PCN so far, though honestly not the best ones out there probably.
Anyone have any good ideas for high yield funds ? something around 8% yield would work.
I think mopney managers, those who survived the carnage will start hunting for these funds again to pick up the yield. ?There is no other way. Would be nice to have a few of them in portfolio by the time the hunt for yield comes back.
High yield funds.
Started by
ogm
, Jul 26 2007 02:05 PM
2 replies to this topic
#2
johngeorge
-
- TT Member+
- 4,616 posts
Member
Posted 26 July 2007 - 02:51 PM
Ok, we had an event. But life goes on.
Treasuries aren't yielding worth of crap again. Where do the yield hungry people put their money ?
I was avoiding all these high yield funds like crazy for the last couple years. But after this carnage there's got to be some opportunites out there. I picked up SGL and PCN so far, though honestly not the best ones out there probably.
Anyone have any good ideas for high yield funds ? something around 8% yield would work.
I think mopney managers, those who survived the carnage will start hunting for these funds again to pick up the yield. ?There is no other way. Would be nice to have a few of them in portfolio by the time the hunt for yield comes back.
ogm
You may want to take a look at two Alpine closed end funds AOD and AGD. http://www.alpinecef.com/
Best to you
Peace
johngeorge
johngeorge
#3
ogm
-
- Traders-Talk User
- 13,780 posts
Member
Posted 26 July 2007 - 03:03 PM
Ok, we had an event. But life goes on.
Treasuries aren't yielding worth of crap again. Where do the yield hungry people put their money ?
I was avoiding all these high yield funds like crazy for the last couple years. But after this carnage there's got to be some opportunites out there. I picked up SGL and PCN so far, though honestly not the best ones out there probably.
Anyone have any good ideas for high yield funds ? something around 8% yield would work.
I think mopney managers, those who survived the carnage will start hunting for these funds again to pick up the yield. ?There is no other way. Would be nice to have a few of them in portfolio by the time the hunt for yield comes back.
ogm
You may want to take a look at two Alpine closed end funds AOD and AGD. http://www.alpinecef.com/
Best to you
Thanks, johngeorge,
Will take a look.
