Ask Michael Burke Message Board

STOCKTALK

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.

Politics : Ask Michael Burke

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Joan Osland Graffius who wrote (96571)	7/7/2002 9:57:32 PM
From: Mark Adams	Read Replies (1) of 132070

I know- If only I'd do my homework, I'd be much better at getting higher yield. BTW- ML fixed income report recommended the Talisman pr B in the 3/July issue. I'm just getting used to this arena- oddly 18 months late of course. Unless we have the great depression 2. Closing out the GNMAs was an assertion that we avoided GD2. Holding GNMAs was an educational experience, designed to put some skin on the table so I'd learn more about the arena, and the relationships of differing flavors of bond funds. Preferred are a different class than VPA/GPB- with differing risk profiles. I did pick up some AES-C and ILD, which yield quite a bit more but have greater risk. ILD was in lieu of ILA the common- down $2 thus far, whereas the common is down nearly $6 over the same time span. With their refinance effort, I think they pull through. AES has much more political risk- exposure to brazil and argentina and what not, not to mention the equity linked debt placement that could cause dilution under certain circumstances. I'm still a bit shy on reaching for yield- but I see preffereds as necessary to my education as an investor.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next