Things I am invested in ....
Pimco - Dynamic Income Fund (PDI) & Dynamic Credit and Mortgage Income Fund (PCI)
These are both high quality closed end funds. A closed end fund sells shares at the beginning and then the shares trade independent of the underlining value of the shares in the fund. So you can end up paying more than the fund is worth and you can buy them at a discount. Timing is important with closed end funds. Also these funds use leverage to boost there returns. They are not as safe as traditional bond funds with no leverage but they have a better ROI.
The above section and the disclaimer won't change much in the daily posts. What I am doing regarding this pick and updates will change from time to time. The idea is to keep it so you can quickly scan these 2 area's and get my thoughts and actions without costing you much time. I recommend just checking the I am section and the Updates sections on ideas that you like.
I am : HODL
Daily Update : Pays a nice Monthly Dividend
DISCLAIMER : I am long PDI & PCI
This content is for informational, educational and research purposes only.
Please get the advice of a competent financial advisor before investing your money in any financial instrument.
It is strongly recommended that you consult with a licensed financial professional before using any information provided here . Any market data or news commentary used here is for illustrative and informational purposes only.
Trading involves a high level of risk. Future results can be dramatically different from the opinions expressed herein. Past performance does not guarantee future performance. Consult an investment professional before investing.
All ideas , trade signals , opinions and/or forecasts are for informational, educational and research purposes only and should not be construed as a recommendation to invest, trade, and/or speculate . Any investments made in light of these ideas, trade signals , opinions, and/or forecasts, expressed or implied herein, are committed at your own risk. I am not an investment adviser, information shared here is for informational, educational and research purposes only and not a recommendation to buy or sell anything.