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Where To Find 11% Yield

FYI: (Click On Article Title At Top Of Google Search)
It’s time for some cautious optimism. Income investors have had it tough for too long now, settling for 2% yields on high-quality bonds and stocks. As interest rates creep higher, investors can find much higher-income securities, if they’re willing to take a bit more risk and do more homework.
Regards,
Ted
https://www.google.com/search?site=&source=hp&q=Where+to+Find+11%+Yields+Barron's&oq=Where+to+Find+11%+Yields+Barron's&gs_l=psy-ab.3..35i39k1.5541.11366.0.11610.12.11.0.0.0.0.77.643.11.11.0....0...1.1j2.64.psy-ab..1.11.643.6..0i3k1.7CuF66raxuc

Comments


  • Nice click-baity headline, Barrons!

    Some of the ideas and comments seemed decent on BDCs and bonds, though.
  • Yeah, a few decent tips in there. Not sure I could bring myself to invest in something called Chimera Preferreds tho - might turn out to be too much like its namesake: "a horrible or unreal creature of the imagination; a vain or idle fancy."
  • @AndyJ: I happen to own both CIM & CIM-A with the following performance records. Your right a real horror story, not !
    CIM: YTD 16.57%
    1-Yr. 25.95%
    3-Yr. 16.67%
    5-Yr. 22.42% +10% Yield

    CIM-A: YTD 2.88% +8% yield
    Regards,
    Ted
  • Just curious, Ted, how you look at CIM. Fixed-income? What would be your trigger to sell? Looking at trading volume, currently at 1.5 million shares, and only 150,000 in 2008 when the bottom fell out of the mortgage market. Looks like it would have been darned difficult to unload it and not suffer through the 77% loss. The share price of $74.50 in December 2007 vs. $18.75 today. Ouch! You obviously have done well, but hope you have an exit strategy...just in case. Regards.
  • TedTed
    edited August 2017
    @BobC: I bought CIM in June of 2015 @$14.55 per share, and CIM-A in November of 2016 at $24.56. I have a SLO in for CIM at @15.00, and have no worries with CIM-A will wait for 2021 call
    Regards,
    Ted
  • Not surprised that you have this planned, Ted. That is in stark contrast to most investors of individual securities and closed-end funds. Thanks.
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