Not really.

You should learn about a regulated electric company and how they earn a profit.

I regularly tease with a long time friend. I am looking for stocks with NO RISK that pay a GOOD DIVIDEND and are GUARANTEED TO ONLY GO UP.

As far as a good yield. The CPI consumer price index is now 7.5%. We have to pay that with after tax dollars. To simply stay where you are, as I view it you need to take YOUR top tax bracket and add it to the cpi to tread water. Thus 7.5 plus say 30%, your top tax bracket, is 9.75 to be even. NO RISK? The treasury 10 year bond is paying, last time I looked roughly 1.9%. TAX, I find that interesting. The treasuries are debt of the Federal government. The interest is free of State and Local tax. I find that amusing. The Fed still takes their pound of flesh. Free of State tax does not matter in Florida with no state tax.
In New York with a 6% state tax and a 3% city tax it has more appeal.

True. .

EV's won't increase the grid assets enough to make a huge difference, but will increase usage. Electric rate is made up of two components recovery on investment of assets, and increased customers/uage
Solar and Wind will decrease the utility cost of generation, but the maintenance of the grid, ie load balancing, transformers, poles and wires, will remain and increase with the price increases of labor and copper, plus its costly to maintain the fossil fuel generation as a backup supply, so the cost of fossil fuel generation over the limited use will cause rates to increase. The rates are based upon Assets, and you can't get rid of the assets due the random nature of wind and solar.

:) yes, I would still invest in electric utilities, maybe not gas utilities as much. . . but the revenue is not going down. . its all a matter of how often a regulated utility applies for a new rate to cover new costs and new investments.

:boxing2:

[QUOTE=DAVES;2064682. I regularly tease with a long time friend. I am looking for stocks with NO RISK that pay a GOOD DIVIDEND and are GUARANTEED TO ONLY GO UP. [/QUOTE] - - - - - - -


DAVES, I know them, too. But you gotta luv ‘em. Too antsy for the market, but always expecting a 5% CD. (sigh)

Boomer

"A thousand dollars invested with Warren Buffett since 1965 would be worth more than $27 million today, while the comparable amount for the S&P 500 is roughly $200,000."

I'm going to stick with Buffett. He's also sitting on $160B in cash right now and buying back stock.

I agree. I read Seeking Alpha daily but the authors tend to be pushing a newsletter or something similar. I look at financials.

I like Buffett, too. . .That guy sure can turn a phrase, as well as a dollar. . .

But. But. But. In 1965 I did not have a thousand dollars and besides, I was too busy teasing my hair and lacquering it with hairspray. . .and riding with boys in their souped-up cars.

Vroom-Vroom Bouffant Boomer

I was one year old. But I did ride with girls.

Hmmmm, I might have been your babysitter.

Boomero Uno — almost

Nope. I learned early on not to let women with suspicious histories kiss my dimples.

:1rotfl:

Go to NASDQ.COM and look at these. Fcrd, ztr, oxsq, cim, crf, oxlc. Yields from 8.93% to 13.96% currently. I’ve held these for years just for the dividends. Four of them pay dividends monthly. It was a buy and forget investment. You’re not going to get rich on appreciation. I get $10,700 annually from them so it’s nice fun money.

I would suggest structured notes if you are looking for stable high interest rates. You can expect coupon rates from 8 to 16 %. And they pay monthly. If you are interested in learning more about them email me at Chris@caperwa.com and I can send you some info.

I bought shares in a company called AGNC - it's a REIT for over a year now they have been paying 12 cents a share dividend every month !!!! The Share price is currently around $13.50 but has been as low as $12 and as high as $18 but the current 9% annual dividend is worth a look. I am not a financial adviser just a private investor for income.

yes
 

it made this list

9 Municipal Bond Funds for Tax-Free Income | Kiplinger

AGNC seems to be part of the housing market. Everything seems to be pointing to further downside. Don't you think ?

What did you buy at ?

Not yet, it will stay good for while, I hold AGNC also

It's on a nasty trend.

Down 17% YTD
Down 23% last year
Down 35% last 5 years

Other than that, how was the play Mrs. Lincoln??

Psldx
 

PSLDX Pimco Stock Plus Long Duration Fund is a Mutual Fund that pays a 28.84 distribution yield. Gross expense ratio is .61% which is low. We use this fund to supplement our pension and we are really happy with it.

Ha Ha that PSLDX has a minimum investment of $1,000,000.00

I have to wait a few weeks to have that !!

Beware High Yielders!
 

A good program to watch is Jim Cramer on CNBC at 6 PM daily. He also has published some very good books on the topic of investing. He talks about artificially high yielding stocks and companies. Usually when a company issues an unusually high yield it is not sustainable unless their business is really going gangbusters.
Most time it is an indication of some sort of flaw in the business itself. A 3 or 4 % yield is a solid one usually but when the yield goes up above 5% beware, something isn’t right. As for what they are, there may be many answers to that question. Listen to the conference call of the company. Read information in the company’s SEC filing. As the old saying goes “if it sounds too good to be true, it probably is”.

Psldx
 

[QUOTE=keepsake;2065135]Ha Ha that PSLDX has a minimum investment of $1,000,000.00

This is not true! I bought PSLDX from my Schwab account and bought $2,000. It pays regular dividends and after seeing how it worked I invested more. You should not spread false information. Go to Schwab.com and look up PSLDX. I couldn't afford 1 mil of stock.

This is where you can buy PSLDX and it does not have a million dollar minimum.

TD Ameritrade has no minimum but imposes a $50 transaction fee.
Firstrade has a $500 minimum and no fee.
Schwab has a $1,000 minimum and a $50 fee.

Hopes this helps. It provides a nice amount to spending money. However, it is taxable and you will get a 1099 on the dividends you receive. So PSLDX works better in a ROTH where it can grow tax free.

I would agree unless you can do CFA type equity analysis about revenue growth, capital structure and spending trends against macro economic backdrop, ie, what the professionals do for equity buy / sell analysis every day, unless they are closet indexers.

And don't believe the ponzi scheme hype about bitcoin or any or sh*tcoin either. Bitcoin acts like a high tech stock, not any hedge against currency risk. A well diversified portfolio of anything is better than a single investment.

Unless you have shorted CVNA, in which case, carry on! :welcome:

PCEF - currently 6.6%
 

Here is the 10+ year monthly price chart of PCEF. . .

Interesting chart and yield. . .

Since the vast majority of professional have a heard time beating the broad market think it is best to invest in mutual funds with good track records or ETF.

Absolutely hire professionals for what you are not a professional in, as with most specialty skill sets

That's because there is transactional friction in running a fund. Its not impossible, just very hard. There are also legal barriers which make it harder to beat the market, because advertising as an active mgmt fund, and then being a closet index fund, can and has brought legal trouble to funds. . . however, if you go to the US trading championship, there are many people who easily beat the market handily, but that can't scale to millions.

Financial investing doesn't scale linearly. That is why TV growth has out grown the service capacity of the surrounding area. Build it and they will come doesn't work at scale with bigger competitors next door.

I bought some Russian bank stock today as it is down 75% today. Pays a nice dividend of 11%. SBRCY.

Only about $1k worth but I might buy more.

I rented $RSX today, a Russian country ETF

not sure it is a quick flip, but the future is uncertain

I have had a fidelity account for 40 years. That's where I encountered a 1 million minimum message.

I past below content on my trade dialog.

SYMBOL
PIMCO STOCKSPLUS LONG DURATION FUND CL INST
fee.svg
$6.55+0.08 (1.236%) Prospectus
Investment Minimum
$1,000,000.00
30-Day Yield
2.52%

To buy $100 worth ...

Estimated order value, including $49.95 fee:
$149.95

That may be with Fidelity but not with the other brokerages I mentioned. You can buy less than 1 million of PSLDX. I used to trade with Fidelity but moved my trading over to Schwab.

MREITS work until they don;t .. ALL have a history of dividend cuts and erratic price movements. AGNC is an Agency REIT purported to be safer than non-agency. Do your homework and diversify. Also look at MREIT preferreds

How about a company that doesn't give to BLM.

Guess you will accept more risk than I would. And nothing wrong with that.

I am very satisfied with a 10% average long term gain in my mutual funds.

If its down 50%+ there is lot less risk that if the price is double that. . remember buy low, sell high, and there is nothing like big price moves to change sentiment. .. . its a counter intuitive job, which in and of itself is prone to buying something on sale going to zero, ie Enron, which i bought on its way down, and then realized the issue and shorted it to gain my loss back. . .

Trader's mentality. I am up 7.5% YTD on my trading between shorting the market and going long on big selloffs, etc. long on the ups and short on the dips, . . mostly trading $SPY for equity and $TLT for bonds. Currently short $TLT, the 20 year bond ETF

being a rental, its not a long term hold. . . just another trade. . . making 5% and 8% in a day on a trade today, $LIT and $REMX, annualized, its a great trade. break even on RSX today from yesterday.

But i am way underwater today trying to reshort $CVNA on today's move. . . so its not all perfection, just a failure to enter a stop loss order to prevent this as i working the day job as well, stupid, stupid, stupid. . failure of execution