04-19-2021, 04:45 PM
(04-19-2021, 04:37 PM)ken-do-nim Wrote: Thanks for the analysis!It's not analysis. It's stuff I actually saw happen on CEFs I owned or was watching lol.
On the yahoo board, people are thinking it just ran up too fast and this is profit taking. In fact on Saturday someone said wow the PE ratio is at 47 so it's probably going to fall.
I like them coming out of a crash. You can make 30%+ on the shares in a half a year and collect a 10% div. Get the hell out fast if the bond and stock market gets rocked. They get dumped fast. Even the larger CEF funds that are actually 90% safe get beat up. You can always get back in a few months later.