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


To: chowder who wrote (21512)10/21/2025 2:02:17 PM
From: jritz0  Read Replies (1) | Respond to of 21937
 
I guess I still don't get it. So you still are buying? because you haven't sold. And if it gets cut before you're done building you're going to be fighting for the same ground twice.



To: chowder who wrote (21512)10/21/2025 3:06:07 PM
From: Max2.01 Recommendation

Recommended By
chowder

  Read Replies (2) | Respond to of 21937
 
Sounds like a plan. I think I did hold ECAT a while back and I think it was recommended by the SC.

I make it rule not to hold a CEF with a yield above 12% or 13%. This is under the theory that it is really hard for a CEF to consistently generating enough income to cover the distribution.

Similarly mostly avoid buying a CEF selling at a premium. Sometimes I do because some CEFs seem to always be at a premium. I definitely cut bait when the premium gets above 7% or 8%.

LIke you, I am more focused on cash flow in total. When I sell something with a high yield, I do try and replace the cash flow jiggling some of my other investments with lower yield.