Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Perspective who wrote (87299)	8/27/2007 5:13:23 PM
From: Tradelite	Read Replies (1) \| Respond to of 306849

Assuming you want to cover your rent payments with an investment that will equal that amount or better it, someone would need to know how much rent you're paying in order to give a reasonable answer, no? Just curious.

To: Perspective who wrote (87299)	8/27/2007 5:14:52 PM
From: KyrosL	Read Replies (1) \| Respond to of 306849

Some muni CEFs trade at discounts to NAV with taxable equivalent yields of around 6.5%. Most are mildly leveraged (30% or so leverage). Their bonds are investment grade, mostly AAA. Examples: MMU, VGM, PGM, NXR, NPF, IQT, DTF, PPM, PIF. I have some of them. You can research them here cefa.com and here: etfconnect.com FMO is interesting, but has a rather large expense ratio, and equity exposure. It's OK, if you want equity exposure at this point.

To: Perspective who wrote (87299)	8/27/2007 6:18:44 PM
From: Elroy Jetson	Read Replies (1) \| Respond to of 306849

Do you have any interest in Collateralized Debt Obligations? I hear you can pick them up at a discount. They have a much better coupon than US Treasuries and they're AAA rated. .

To: Perspective who wrote (87299)	8/27/2007 7:08:44 PM
From: Paul Kern	Respond to of 306849

Looking for conservative income ideas. Energy trusts and health care REITs.

To: Perspective who wrote (87299)	8/27/2007 9:28:07 PM
From: patron_anejo_por_favor	Read Replies (1) \| Respond to of 306849

Conservative? Try a T-Bill!<G> I bought some of those muni bond CEF's when the entire market got crushed a couple weeks ago. They were yielding over 5% (over 7.2% tax-adjusted). They rebounded pretty far already, but the way to buy those is when everything's getting tossed out. The discount to NAV always opens up because they're thinly traded. You can get some real stanky bids hit (and that's the only way to buy 'em, IMHO). I don't know if that's what you had in mind though, they're kinda volatile for fixed income. A useful vehicle would be a blend of investments like Tice's Safe Harbor fund, but the expense ration on that is prohibative. Maybe just chuck it all into VICEX....<G>

To: Perspective who wrote (87299)	8/27/2007 9:46:46 PM
From: Paul Kern	Respond to of 306849

You could look here: Subject 56874

To: Perspective who wrote (87299)	8/27/2007 10:19:17 PM
From: Giordano Bruno	Read Replies (1) \| Respond to of 306849

ORNAX sports a 5.80 tax free yield. A 10% recovery in NAV would total 15.80 return. According to the Oppenheimer boys it's doable. stockcharts.com