Boomer, I know absolutely nothing about debt investment Most of my funds are tied up in mortgage payments and food. And when I do invest. I'm not a trader, more of a buy (or inherit) and forget I have it -- witness my Torotel (trading below a penny, I expect) and Lucent (which I inherited at over $72.00). Still got 'em.
I bought some 3rd Ave Value several years ago and they did me good except for the occasional "Oh my God, the stock market is crashing" time. Not enough invested to buy Deb's house in Bridgeport and not enough to really hurt if I lost it all, but enough to maybe include the obnoxious nephew in my will if it held it's own. To date, despite this Spring, he's in and maybe even his bitchy sister.
I saw this new Third Avenue offering as a ground floor chance to risk again a losable amount -- $2,500 minimum. I really hate to say this, but to me right now it's almost like chug-a-lug. Put my money down and spin the contraption. Don't know what I'll do. It's too far to drive to one of the Seminole casinos and put a bundle on red.
`
__________________
Kansas City, MO; Alamo & Albuquerque NM; Quad Cities; St Louis; DC ~ NOVA; Nuernberg; Heidelberg; DC ~ NOVA; Liberty Park ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Life is like a sewer. What you get out of it depends upon what you put into it.
~~~~~~
And it's Munc"L"e, not Munc"I"e
|