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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 quinlashon Jun 15, 2023 6:51pm
179 Views
Post# 35499120

Trade@Profit -> Take Profit / Trade@Loss -> Take Loss

Trade@Profit -> Take Profit / Trade@Loss -> Take LossIf I were to invest in a rental property or even gold and then sold it later at a lower price then I take a loss.  If I were to invest and sell later at a profit then I take a profit.

At this point my investment in Cannabis is down and I am opting not to sell it at a loss and waiting for the market to recover.  I would be doing the same for a rental property / gold or anything else I held as an investment.

Just because the market is offering up sub-par prices on what I own does not mean I need to accept the offer, I can wait...  and believe me....  I don't mind waiting for the prices I believe will be eventually offered up.
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