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  • Double The Fun Or Double The Trouble? 2 Dow Jones U.S. Select Dividend Securities [View article]
    Scott,

    UBS has started another high yield leveraged ETN - HDLV : http://bit.ly/1E1insr

    I think it has potential for fairly predictable yield in a tax advantaged account.
    Oct 1, 2014. 04:24 PM | Likes Like |Link to Comment
  • Retirees, Don't Count On Stocks To Deliver From Here [View article]
    Thanks for the kind words. ;-)

    If only my proofreading skills were better. I meant to say:

    "Watch youR dividend income increase over time."
    Oct 1, 2014. 12:41 AM | Likes Like |Link to Comment
  • BDCL Will Pay A Lower Quarterly Dividend, But Still Be Yielding 15.5% [View article]
    The UBS web site now has the correct weightings for the index. However, the index rebalances quarterly, so as of Oct 1 the weightings will change
    Sep 30, 2014. 12:05 PM | Likes Like |Link to Comment
  • BDCS And BDCL Are Yielding 7.56% And 16.55%, But What Are The Risks? [View article]
    The UBS web site now has the correct weightings for the index. However, the index rebalances quarterly, so as of Oct 1 the weightings will change.
    Sep 30, 2014. 12:05 PM | Likes Like |Link to Comment
  • Retirees, Don't Count On Stocks To Deliver From Here [View article]
    "What's a retiree to do?"

    Continue to own dividend stocks.

    Reinvest the dividends you do not spend.

    Watch you dividend income increase over time.

    Ignore Mr Market.

    Enjoy life.
    Sep 30, 2014. 11:37 AM | 19 Likes Like |Link to Comment
  • FS Investment Corp.: BDC Risk Profiles [View article]
    Profits taken in the last 5 minutes. A smart trader. http://bit.ly/1rxbM2g
    Sep 29, 2014. 06:44 PM | Likes Like |Link to Comment
  • A High Income Portfolio For A More Prosperous Retirement [View article]
    Urbannek,

    The RMD percentage increases every year. It starts at 3.65% at age 70 1/2, and at age 90 it is 8.77%.
    Sep 28, 2014. 11:14 AM | Likes Like |Link to Comment
  • Prospect Capital Vs. Hercules Technology [View article]
    nicholas,

    In what way am I 'extremely misinformed'?

    The facts are that 1) each year's RMD is a percentage of the total value of your IRA on the last day of the preceding year, and 2) each year the percentage is greater than the year before.
    Sep 28, 2014. 11:03 AM | 2 Likes Like |Link to Comment
  • Prospect Capital Vs. Hercules Technology [View article]
    Speaking of dividend cuts, what do you think the chances are that ACAS will do the opposite and start paying a dividend?
    Sep 27, 2014. 12:25 PM | Likes Like |Link to Comment
  • A High Income Portfolio For A More Prosperous Retirement [View article]
    I don't see any compelling reason to go high yield before retirement, but if you expect to need high yield in retirement, or even if you do not but want to be prepared just in case, then these are compelling reasons to be ready for the switch when the time comes.

    Get to know the high yield options, do your due diligence as if you were about to invest later today, and create a transition plan. If you have a traditional IRA, start planning for the RMDs, which will force you to think in terms of total return, whether you want to or not. Your high yielders will not give you much growth, if any, so think about where growth is to come from to counter inflation. High yielders require a lot more ongoing due diligence than moderate or low yielders, so prepare to invest significant time as your own analyst. Recognize that as you age your mental abilities will inexorably decline, and at some point you may need to either transition to more of an automatic investment style such as income ETFs, or delegate your investment decisions to someone more capable.

    Hopefully, while you are doing all this, you will find that you enjoy the mental challenge. I know I do.
    Sep 27, 2014. 10:44 AM | 1 Like Like |Link to Comment
  • Remember, It Was The Great Recession, Charlie Brown [View article]
    The entire article is one page view.
    Sep 26, 2014. 04:03 PM | Likes Like |Link to Comment
  • Prospect Capital Vs. Hercules Technology [View article]
    I offer these thoughts as a dividend investor who must also take RMDs from my traditional IRA.

    The RMD schedule is based on two factors: the total return of your traditional IRA, and your age. Each year, the percentage of your IRA's total return that you must withdrawn increases. It does not matter how your total return is achieved, be it by dividends and/or capital gains (losses). You must pay ordinary income tax on the amount withdrawn.

    If your PSEC holding is in a traditional IRA and you must take RMDs, consider these cumulative total returns for BDCL, HTGC, PSEC, and SPY. This data starts with the first trading day of BDCL, 05/26/11.

    BDCL: 60.8%
    HTGC: 87.4%
    PSEC: 30.7%
    SPY: 60.8%
    Sep 26, 2014. 02:31 PM | 1 Like Like |Link to Comment
  • BDCS And BDCL Are Yielding 7.56% And 16.55%, But What Are The Risks? [View article]
    Reuben,

    All of the UBS 2x leveraged ETNs have the following fees:

    0.85% tracking fee, plus
    0.40% financing spread, plus
    3 month LIBOR

    You can find this formula in any of the pricing supplements on the UBS web site.
    Sep 26, 2014. 09:57 AM | Likes Like |Link to Comment
  • BDCS And BDCL Are Yielding 7.56% And 16.55%, But What Are The Risks? [View article]
    Reuben,

    Your faith is misplaced. The latest spreadsheet from Wells Fargo tells a very different story. If you like I can send it to you.
    Sep 25, 2014. 11:22 PM | Likes Like |Link to Comment
  • BDCS And BDCL Are Yielding 7.56% And 16.55%, But What Are The Risks? [View article]
    Complete weighting of the Wells Fargo BDC Index have been published by SA author BDC Buzz, here: http://bit.ly/1v0f1BH
    Sep 25, 2014. 03:46 PM | 2 Likes Like |Link to Comment
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