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Pastimes : Ask Mohan about the Market

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To: Stitch who wrote (14503)	2/28/1998 1:44:00 AM
From: Bonnie Bear	Read Replies (2) of 18056

stitch: some other ideas: I parked some cash in closed-end funds OTCM and FUND, they have huge yield (10%) and invest in value microcaps so the yield more than absorbs any downside. RVT another one but I think they have a quarterly dividend. also check out RIF (real estate), DNP (utilities), ECF (convertible bonds)- all closed-end funds with high dividend yield, if you like closed-end funds (I happen to prefer them as they trade like stocks). I parked some IRA cash in Bear Stearns stock, it has incredible low p/e and high book value, you might look at it as a safe haven. Hope this helps....BB

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