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Non-Tech : Income Investing

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To: Privately who wrote (51785)1/7/2025 3:31:48 PM
From: Elroy   of 52117
 
Thanks, but I'm not really looking to add more high risk income craziness, I've already got plenty.

NGL-B and NGL-C are preferred stocks that pay about 13%. That yield is high, but they seem safer than the yield indicates. Of course that margin of safety could change anytime NGL itself reports results.

ZVOL - This ETF yields about 25%. It shorts the 4 through 7 month VIX, and pays 49 cents per month. It didn't explode in the August 2024 volatility panic, that's amazing, so hopefully it won't explode in the current normalish environment

PFFA - This is some type of preferred stock funds that also trades options around the preferreds somehow, not really sure how.

CIM-D - This is a leveraged reit preferred that yields about 10%. Leveraged REITs seem inherently risky, so this one is actually the one that concerns me the most. But my cost basis on it is about $12, so I don't want to sell it and pay a crapload of capital gains.

That's my basket of high yield insanity. Don't need any more.
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