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

To: chowder who wrote (4078)	6/7/2024 1:13:54 PM
From: garygr	3 Recommendations Recommended By chowder jritz0 Markbn Read Replies (2) \| Respond to of 22054

I started a new position today in FSCO. This was a top pick in one of my trading services. This was the recommendation 11/23 but I waited until today to pull the trigger. It has been many years since I’ve recommended a bond fund. But one with a more than 12% yield, a 20% discount and strong prospects to see growth in its portfolio is a darn good place to do it again. Action to Take: Buy *FS Credit Opportunities* (NYSE: FSCO) at the market, and add it to the Fixed Income Portfolio. Place a 25% trailing stop on your entry price. If possible, hold the fund in a tax-deferred account.

To: chowder who wrote (4078)	6/7/2024 1:42:04 PM
From: Max2.0	Respond to of 22054

I bought some CSWC when you told me about it in San Diego I think it was. It is up 4.4% since them with an 8.79 % yield. So far its been a good investment. BTW: I am in Boca Raton, FL today visiting my Mom. Hot as heck!!! Don't know how you east coast people deal with the humidity.

To: chowder who wrote (4078)	6/7/2024 3:35:16 PM
From: cole505	Read Replies (4) \| Respond to of 22054

I've recently started digging deeper into BDCs - and I've picked up a bit of ARCC, OBDC, MAIN, and CSWC. I was wondering a couple of things at this point. Do you have a target allocation to BDCs? Are there any other BDCs that you think would work nicely with the above? I was looking a bit at HTGC - but I haven't done anything there yet. At this point I'm thinking I'm looking at 10 years before I will be looking to retire and begin living on my portfolio income. I've started to focus a bit more on income (I do still hold some growthier positions), but I haven't been pushing super hard since I've still got a bit of time. I don't currently own any CEFs, and my understanding of them is that they generally carry a lot higher risk with leverage etc involved so it might not make sense for me at this point. If there are other thoughts about them I'd love to hear it.