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Strategies & Market Trends : Dividend investing for retirement

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To: Elroy who wrote (24107)12/26/2015 12:17:02 PM
From: inspbudget  Read Replies (2) of 34328
 
Might be worth the time and trouble to investigate how much of their portfolio is comprised of " Level 3 " assets - these assets are valued by PSEC, and ( as far as I know ), not marked to market. It is possible that such assets could be on PSEC's books at highly inflated valuations, representing a risk that may be overlooked by investors.

PSEC has also had some run-ins with SEC reporting, etc recently, which make for a less than stellar history. I do remember they were not adversely affected, but have not followed them so no idea of current status.

I do not have hard numbers to support my rationale, but, like rnsmith, I have avoided their shares, choosing to invest in other companies that give me more peace of mind.

I guess that's what makes a market. One man's opportunity is another's danger signal.
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