CEF Closed End Fund Investing Message Board

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Non-Tech : CEF Closed End Fund Investing

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From: orchid25	4/22/2012 12:49:47 PM
	of 62

I wish you and this new site Good Luck and hope it does well. I have a small quantity of CEF's, I own stocks like ACG, GDO, PHD, PFL, PKO, DMO, KYN, CEM, TLI and from time to time dabble in a few others. I agree that Mr. Tug is a Master when it comes to CEF's, I have had the pleasure of reading his posts for some years now back to the old RENN Board at IV and to me his style is to buy an extremely large quantity of a limited number of CEF's and then take a quick short profit. While I certainly agree that profit is profit, long term or short term, buying extremely large quantities of CEF's requires the ability to really understand the CEF in question and Mr. Tug is maybe the best at that. CEF's can be quite volatile and so I like to keep the quantities owned to no more than 300 or so shares of a particular one. For my particular style of buying CEF's I find that the Morningstar CEF Forum is the best fit. Look forward to reading and perhaps posting here as well. Orchid

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