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Non-Tech : Income Investing

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49erer
To: upanddown who wrote (10827)7/6/2014 10:39:30 PM
From: Elroy1 Recommendation   of 52048
 

One of the bigger BDCs and just another high-dividend income stock that I have been looking at for a long time.


I own a bunch of AINV. I guess my question for you would be, if you didn't buy it a month ago when it was $8.20, what would make you buy it now that it's $8.66? It was a great buy over the past 2-3 months when it dipped (probably due to the Russell index shifts), but if you weren't convinced then, it would be hard to convince you now, I think.

AINV's is a touch above book value and it yields a bit less than 10%. You can buy PSEC a touch below book value now, and get 12% yield. PSEC looks prettier at the moment if you ask me, although all the BDCs have rallied well in the past 2-3 weeks. The time to buy the group was 4-6 weeks ago.
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