Some time ago I was 'invested' in novastar financial, NFI, because of the nice dividend yield. I got scared out and moved 100% to indexing because I couldn't stand the emotional roller-coaster.
Looks like I made a wise decision - look what NFI has done in the last few days:
http://finance.yahoo.com/charts#cha...ine;crosshair=on;logscale=on;source=undefined
I got out at an adjusted price of around $31, now the stock is at $8 and change.
Phew that was a close call !!
- John
Looks like I made a wise decision - look what NFI has done in the last few days:
http://finance.yahoo.com/charts#cha...ine;crosshair=on;logscale=on;source=undefined
I got out at an adjusted price of around $31, now the stock is at $8 and change.
Phew that was a close call !!
- John