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Economy

rdking647

(5,113 posts) Wed Jan 18, 2012, 10:13 PM Jan 2012

todays trades

sold the BAC preffered i bought recently. make 6% in a hurry and decided to take the profit (almost 1 years yield) and deploy it into something a little less risky. Bought FOF with the proceeds. FOF is a closed end mutual fund. basically I bout $10 worth of assets for $9 or so. the fund has a yield of 8.3%,fairly near the BAC's 8.6 yield without the risk

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