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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Marc Hyman who wrote (35650)	10/9/2009 3:20:13 PM
From: Paul Senior	Read Replies (1) \| Respond to of 78760

Selling HYG involves some strategy maybe. Selling, a person gives up a 10% yield, so either it's a belief the market is about to take stocks and this etf down, or that one or more of the underlying holdings of HYG might crater. Or else that there's just something undervalued out there that's a better bet than HYG at $85. Better to the extent of giving up that 10% yield. And if it's a common stock, that could shift the portfolio bond/stock weighting too, if that is a money management consideration. Not arguing to keep HYG. Just some considerations for me. I've got relatively lots of cash in my brokerage mm fund (for stocks, if I can find 'em and screw up my courage to buy), and because of already large cash holdings, I'm not looking to sell HYG and redeploy funds back into mm fund.