rsingh6675
Recycles dryer sheets
- Joined
- Nov 16, 2008
- Messages
- 126
Does anyone know if I made a mistake buying GUT @ $6.37?
Thanks.
Thanks.
Re-post in a few years, and I will tell you then.Does anyone know if I made a mistake buying GUT @ $6.37?
Thanks.
I think it is same Mario Gabelli. [-]They pay about 10% dividend.[/-]
Trap #2 - the fund is selling at a 20% premium, meaning the sales prices exceeds the NAV of the holdings by a very significant margin.
I'd treat this as a speculative trade opportunity, not as a long-term investment.
Am I missing something?
You are missing rsingh6675's one-track investing philosophy: high dividends no matter what.Am I missing something?
I think one could do extremely well by shorting everything that rsingh6675 says he buys.
Does anyone know if I made a mistake buying GUT @ $6.37?
Thanks.
Ah, the "Ponzi dividend" model...To some extent, new investors help sustain the distro.
Ah, the "Ponzi dividend" model...