Martha said:I thought this thread was "Why Bother with Socks"? and was going to go on a rant and rave about how Greg refuses to wear socks. Even in the dead of winter.
unclemick2 said:Bye the bye - VG Asset Allocation fund - one of my bellweathers is still showing 100% stocks versus bonds and cash.
But somehow I feel better that the fund manager and I see things the same way.
The women of the household used to get pissed when I took my socks off and let the dog lick the grotty parts between the toes.
unclemick2 said:The women of the household used to get pi##ed when I took my socks off and let the dog lick the grotty parts between the toes.
heh heh heh - don't say I didn't I didn't warn ya!
Martha said:UncleMick: I hope you wear pants.
--Greg
mikew said:On moringstar's CEF board, some of the guys have replaced their stocks with CEF income. They can get stuff that will produce somewhere between 7-10% by buying at a discount. If you use a SWR of 4% with inflation rate of 3%, CEFs could be a good idea. Don't know about the risk they are taking on.
Reading this right after unclemick's "safety first" comment about wearing pants made me think you were talking about something else entirely.brewer12345 said:Aha, the risk is indeed the issue. . .
Cute 'n' Fuzzy Bunny said:Sounds like if you wanted a 7% yield with a little risk, buy the vanguard high yield corporates and hold em...hold em between your knees!
Cute 'n' Fuzzy Bunny said:Riskier than CEF's?
Cute 'n' Fuzzy Bunny said:Then read my sig.
If there is any doubt as to wording or intent in what I have written, presume the most unlikely explanation. Next, choose the most minute aspect of the post, remove it from context, proclaim it wrong, proceed to pick it to death, then agree with it, and then disagree with yourself.
Cute 'n' Fuzzy Bunny said:That wasnt my point either.
Read my post again.
Then read my sig.
Cute 'n' Fuzzy Bunny said:If you can find a 7% CEF that has a lower risk profile (providing we can agree on what 'risk' means, and what 'lower' is in context with that), please do share.