Thursday, November 1, 2018

PVL Is Not the Dog I Thought

I saw $.0071 per unit at $2.66.  But that was a monthly dividend. It is yielding 14.8%.  I just bought back my 500 shares at a lower price than I sold it for.

5 comments:

PhaseMargin said...

Beware the wash sale rule when you do your taxes!

Clayton Cramer said...

Thanks. Never knew what it was. This will apply.

Stan McQueen said...

Hmmm. .0071/month =~ .09/year. .09/2.66 =~ 3.3% yield. What am I missing?

James Gibson said...

the market chaos is the greatest socialist practice in redistribution: someone looses, someone gains. In the last month I have lost some $50K in my IRA and Mutual funds. But that was only about 7% of its maximum value. And the market in the last three days has recovered almost $10K of that drop. Will we get another increase today to end the week, or will the market give everything back it gained.

Clayton Cramer said...

Stan: not sure. The formal report says 14.6%, which is part of why I bought PVL.