Dividends are not free money falling from the sky. If you get a 7% dividend, the value of your fund goes down by 7%. Look up the data on Morningstar. The funds with the highest dividends are routinely the worst performing funds with total returns (which is what matters). Dividends are forced selling of your principle at best, and a total scam at worst.
You are partly correct. If you look at this fund's distribution history, it's been all income distributions until this year when its now 50/50 income/ROC. I've owned NHS for many, many years with an 11+% monthly distribution that is sometimes all income and sometimes partly ROC. It's given me returns far more than I ever invested and still maintaining that rate of return.
Speaking about retirement, have you ever looked into an annuity? Just a regular one (not one of those pretend investment options). I've always been told that annuities are evil and a rip-off. True or BS?
Looking at Morningstar's total returns chart (that includes dividends and distributions), NXJ has returned a total of 2.4% over the past 5 years. So if you invested $10,000 then, you would have $10,241 now (principle + dividends). So it has gotten CRUSHED by a money market fund.
I started getting annuity distributions about 3 years ago. It is a Prudential annuity with a death benefit. It had a daily step up, by the time I started distributions it had over 60 locked in step ups. After the 7 year vesting period, it distributes 5% annually (distributed monthly) on the step up amount. Any monies left when I pass are given to my beneficiaries based on the NAV (not the stepped up value). I haven't seen another annuity that does daily step ups. The closest was one I saw that did monthly step ups.Speaking about retirement, have you ever looked into an annuity? Just a regular one (not one of those pretend investment options). I've always been told that annuities are evil and a rip-off. True or BS?
But if you're interested in income, the total return is irrelevant since there is no plan to sell. The 7% tax-free distribution can theoretically go on indefinitely. BTW, I don't own NXJ but do own several closed end funds that provide a nice income.Looking at Morningstar's total returns chart (that includes dividends and distributions), NXJ has returned a total of 2.4% over the past 5 years. So if you invested $10,000 then, you would have $10,241 now (principle + dividends). So it has gotten CRUSHED by a money market fund.
Over the past 10 years:
Total return = 34.3%
$10,000 then = $13,430 (principle + dividends)
Yikes!
Tanked after this post, caught in the private equity bankruptcy exposure downdraft.
Tom Lee has been high on regional banks for a while. I probably need to do some research on them. Makes sense if rates continue to drift lower.
Two weeks after causing the biggest crypto liquidation event in history. Makes perfect sense
Any thoughts on the reorganized WOLF?Fear not. Pam Bondi and Kash Patel will get to the bottom of the crypto shenanigans very quickly.
ill add my two cents, SPIAs (single premium immediate annuity) is the only annuity id buy. they are transparent, cost effective, competitive with other SPIA. most insurance companies try to lead you elsewhere (like variable annuities, whole life)Speaking about retirement, have you ever looked into an annuity? Just a regular one (not one of those pretend investment options). I've always been told that annuities are evil and a rip-off. True or BS?
Speaking about retirement, have you ever looked into an annuity? Just a regular one (not one of those pretend investment options). I've always been told that annuities are evil and a rip-off. True or BS?
lots of M&A probably
In short, their tech is A+. Their prob was their former CEO and CFO got bamboozled by a predatory lender of sorts, financing terms and timing were flat out terrible. WOLF spent borrowed capital on building two new production facilities whose output was way too late to satisfy the debt to build them. So bankruptcy allowed them to escape that debt, at least a good portion. Now the focus is on getting those two new facilities making SiC wafers and chips. The market is there. Folks tend to look at the EV opportunity, but fail to see the potential opportunity with power products applications. I “think” the next three years will see WOLF gain traction.
Good to know, thanks! The new stock is pretty cheap. Probably worth a swing.
I saw that, would be good if they added staking which is still around 7%
Yes, staking for SOL and ETH would be next level. I will definitely buy and hold some SOL in my Fidelity account. Set it and forget it.
If you believe ZM might achieve some unexpected growth, this is the perfect opportunity for Jan 2028 leaps. Maximize any rally and you can let it ride for a good 18 months without time decay really becoming an issue.
Oddly she love’s turnaround stories. So she is often willing to look fwd when current conditions aren’t great not in this case.
I normally try to stick close to the money, so maybe $90 (with the possibility of doing with $100 if the open interest is significantly higher). Obviously, it depends on how much you want to invest.
I would love to find a few more semi plays. ACMR joined the S&P 600 last month. Wall Street analysts are positive on it:
www.cnbc.com
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