Post by
mouserman on Dec 09, 2020 5:58pm
SBC unit nav to Dec 9 = approx. $20.96
So with the PRORATED preferred part taken off, ( 10 cents) SBC commons have a value of
$10.86 here. Hard to believe that the market gives absolutely no premium to the safest split fund out there. Mind you , there is not much that makes sense in this market at this point.
DOW , Nasdaq , S & P all hitting alltime highs. Is the US economy really in that good condition to warrant alltime highs?
Not from my view. But the stock market says otherwise.
Comment by
ehud42 on Dec 10, 2020 10:09am
Hard to believe that the market gives absolutely no premium to the safest split fund out there Is the market chasing bubbles or short term capital gains? A fun ride for some, but makes me nervous. If they want to chase bubbles in other splits and let this one sit quietly in the shadows, then maybe that's a (relatively) safe harbour for us more cautious types to put our money.