(05-11-2021, 09:12 AM)divmenow Wrote:RQI and ARCC are two of them. They ran to the moon and I sold. I've done it more than once. My port balance says they aren't mythical. Now I wait again.(08-24-2021, 09:28 AM)Genester Wrote: [quote='fenders53' pid='28265' dateline='1629814491']
Genester,
He was definitely referring to me. You are correct some of the yield traps can be played in a variety of ways. You have to look at charts going back through a couple of down cycles. It's also good to update yourself on the CURRENT situation. Almost all of them are too expensive to take a chance on now. When they do get hit, you can buy one that pays 7-8% and well managed instead.
This has been my question all along - what are these mythical companies that pay 7-8% and are well managed?
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