RE:RE:RE:RE:18% dividend?These are good investments as long as you time it right and keep an eye on them. Buying a boatload at the top of an overbought bull market is not good strategy longterm.
Things are not as rosy as the govt data suggests, but they do not care much about the poor people, unless they are from another country.
I am stll in FTN , but have reduced exposure to the banks after 5 US regional banks got downgraded on commercial debt worries. If they see bank runs, the big banks will sell off in sympathy... and hopefully doesnt create a domino effect. Record amounts of debt in the US ( and Canada for that matter) exist ,and a scary % of it under water.
But market tops go on for longer than many could guess, and the markets can go down for longer than most can anticipate or deal with. Those trading on margin in particular should be careful.