Attractive Dividend In A Well Run Bank [View article]
Agreed, but you didn't lose much either. In this environment many investors who are needing to get income could use this bank as a stable income producing investment. The plus 4% dividend is the attraction here.
Attractive Dividend In A Well Run Bank [View article]
The bank is well run and does make money. They are trading at a premium to tangible book 133% and they are going to raise money. When you are aware of a bank raising money it is often good to watch for that raise and buy after it is done.
Eric, I would be as adamant as you on collars eroding value. Again, I said this is a strategy for someone more concerned about the maintenance of their portfolio than the growth of it.
Will Bonds Run For Another 30 Years? [View article]
I assume most bond funds would be laddered, but when you run out of cash and near maturity bonds to raise money for capital calls, you then have to sell other bonds that may not be close to maturity.
Will Bonds Run For Another 30 Years? [View article]
The bond funds will be fine until there are net outflows that exceed inflows. Depending on how much cash a manager holds he will be able to liquidate outflows with cash or near maturity bonds. The problem will come in when he has to liquidate bonds that are not near maturity and if rates go up he will be forced to sell to raise the capital to the person or persons leaving.
Attractive Dividend In A Well Run Bank [View article]
Attractive Dividend In A Well Run Bank [View article]
Put A Collar On Your Portfolio [View article]
I would be as adamant as you on collars eroding value. Again, I said this is a strategy for someone more concerned about the maintenance of their portfolio than the growth of it.
Will Bonds Run For Another 30 Years? [View article]
Will Bonds Run For Another 30 Years? [View article]