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BLACKROCK Municipal Income TRUST V.BFK.P


Primary Symbol: BFK

BlackRock Municipal Income Trust (the Fund) is a diversified closed-end management investment company. The Fund's investment objective is to provide current income exempt from federal income taxes. Under normal market conditions, the Fund invests at least 80% of its managed assets in investments the income from which is exempt from federal income tax (except that the interest may be subject to the alternative minimum tax). The Fund may invest directly in securities or synthetically through the use of derivatives. The Fund's investment policies provide that it invests at least 80% of its total assets in investment grade quality municipal obligations issued by or on behalf of states, territories and possessions of the United States and their political subdivisions, agencies or instrumentalities, each of which pays interest that, in the opinion of bond counsel to the issuer, is excludable from gross income for federal income tax purposes. Its investment adviser is BlackRock Advisors, LLC.


NYSE:BFK - Post by User

Post by Keeleron Jun 22, 2023 12:56pm
90 Views
Post# 35509476

Questions for quinlash

Questions for quinlash
"The Market also sets the Schedule / Timing so when investing allow for a lot of time, you can learn this the hard way (by doing) or the easy way by using common sense and not going in too hot and heavy on your first trade (this goes for all investments) -> Research and consider "Dollar Cost Average Trading", it's not exciting or sexy but it works well over extended periods of time.

I am opting to hold for US Legalization, I made that abundantly clear and I am not changing course."



It would seem that you have lost 99% of your investments in Newstrike and Newstrike Warrants, Zenabis and Zenabis Warrants, 48N, Redecan and Hexo.

Hexo currently trades at .015 cents pre 14-1 and 4-1 splits.
This is fact.

Can you explain your statement that 'dollar cost averaging' strategy 'works well over extended periods of time'?

In the minds of some fellow posters/readers - it would appear that using this strategy in Hexo's case, was a failure.

Surely to have any success - the share price has to - at some point - actually rise in order for the strategy to succeed.
But isn't that the case with all investing?  





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