GoodFellas Big Board Catalyst and Chart Plays

[trade2much]

PHT Retirement Fund? CEF 9+% Dist rate Monthly Distribution 4* rating Morningstar

Just something high yield, with monthly dist. Something for some retired folks like me who are willing to take average risk in exchange for above average return. This Closed End Fund -(Pimco fund) has a good history and this link lets you look at all aspects. Mostly MBS and or secured by asset.

Just a nice portion of what we may do, which has a nice track record over max life of fund 10+++ years. Not a big flip stock, a CEF.

Assuming the principle stays up around cost (and this site shows the graph) then 9% return on your money, going by the rule of 72s, takes approx. 8 years for it to double. That does assume the principle cost remains constant and we know there is fluctuation so if you have interest look at the 52wk H/L and set a lower entry, or $ cost average a sum into it monthly etc. Same as you would on many other investments. JMHO I have some of this but do not sell it or anything like that. Just a thought for you.

http://cef.morningstar.com/quote?t=PHT®ion=usa&culture=en-US&ownerCountry=USA