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


To: Jeansn6 who wrote (20897)10/3/2025 9:44:16 AM
From: garygr  Read Replies (1) | Respond to of 23204
 
Yes, I do. The portfolio manager is Marc. Lichtenfeld and also manages a couple other trading services that I use. He has a very good track record.

One of his recommendations this year was FSCO--
I'ts up 6% YTD, but down 9.61% in a month, and down 4.88% in last three months. (He moved it to a HOLD)
I was going to sell it, but he posted this yesterday:

  • FS Credit Opportunities (NYSE: FSCO) has fallen in recent days. I haven’t seen any news that would have caused the shares of the closed-end fund to drop. It went from trading at a premium to now trading at about an 8% discount. If it drops below a 10% discount, I may move it back to “Buy.”
  • I'm not selling-----I'll just continue to hold and follow his advice