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Non-Tech : Income Investing

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To: Elroy who wrote (51681)10/11/2024 1:07:26 PM
From: Privately  Read Replies (1) of 52117
 
I think that all the "if"s in there give people pause. If they execute perfectly, they might happen, but maybe management won't be so perfect or things might happen that mess up their plans (the world is a messy place).

Yes, they repaid the dividends, but the fact that they were suspended so long makes potential buyers uncomfortable (they might do it again).

Pretty high risk play, IMHO.

14% sounds great, but BXSL (mentioned by Brehm yesterday) pays about 10.5% and is with a MUCH more stable company.

Obviously, everybody has to choose investments that fit their own strategy and risk tolerance.

Personally, I may trade/flip some of these high risk issues (as I did with UTF a couple of years ago), but I am unlikely to put them in the "buy and hold" buckets to wait a couple of years for all the "if"s to actually occur. But, that is just me.
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