Quote:
Originally Posted by Rex Phinney
NAD- Bond fund is up about 6% in the last two weeks. At it's bottom the yield was about 6% annually. Pays out a tax free dividend every month.
PTY- Bond fund is up 7.5% in two weeks. The yield was over 10% for several weeks, also pays monthly. So you get paid 10% every year for doing jack shit, have locked in upside potential for years to come on a fund that has a 20 year history of trading between $14 & $22.
Welcome to actual investing, it's not sexy, but when you turn it into a numbers game instead of a rumor mill and unicorn factory it makes money.
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excellent trade, keep up the good work
