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Strategies & Market Trends : Young and Older Folk Portfolio -- Ignore unavailable to you. Want to Upgrade?


To: Affinity4Investing who wrote (431)11/11/2021 12:07:06 PM
From: chowder1 Recommendation

Recommended By
denny16

  Respond to of 25480
 
It would appear that it is selling at a steep premium to NAV but NAV keeps rising as well.

I don't mind paying a premium to NAV for the type of market beating performance ASG has provided in addition to the high income levels. Having said that though, it's not something I'm throwing a lot of money at, I've been adding in small amounts to an already established position.

In adding to my position I'm raising my cost basis, but I'm careful to keep my total cost basis below NAV's price so that my entire position is at a discount to fair value.



To: Affinity4Investing who wrote (431)11/11/2021 6:03:13 PM
From: Don01022  Respond to of 25480
 
Yes I have a small position in ASG (100 shares)