SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : A.I.M Users Group Bulletin Board

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: JZGalt who wrote (8291)8/25/1999 9:28:00 AM
From: OldAIMGuy  Read Replies (2) of 18928
 
Hi Dave, I was wrong about my guess that the FED would leave interest rates alone. Oh well, guess I can live with it.

Interesting to note is that the hike in interest rates has been hurting the closed end Bond funds I use for income. It reduces the principal value (price/share) only to make the yield look more attractive. Guess what AIM does as the price/share drops? And the buying it does is at a fatter yield.

Now tell me, How do AIM know??

Best regards, Tom
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext