garbage and junk

like I said many times, I don't buy garbage.... either it's index ETF, or the individual stock has to be a leader in its sector, and the sector better be the leader in the entire market.

but, junks have been some of my favorite holdings, JNK and HYG, they basically are the same, 6-7% yield, and unlike LQD, the price pattern is also quite tradeable, once in a while they'd vomit to nice value areas where the risk of picking them up becomes quite low (considering the yield).

so..... junk is much better than garbage LOL !

所有跟帖： 

• 该买一些了吗？ -一天钓鱼，两天上网- ♂ (62 bytes) () 12/11/2012 postreply 07:16:15

• 回复：该 卖一些了吗？ -一天钓鱼，两天上网- ♂ (0 bytes) () 12/11/2012 postreply 07:19:56

• I don't sell much -noconfusion- ♂ (556 bytes) () 12/11/2012 postreply 07:29:18

• Hehe, want to sell some, and then wait for a pull back. -一天钓鱼，两天上网- ♂ (87 bytes) () 12/11/2012 postreply 07:32:18

• nah - -noconfusion- ♂ (641 bytes) () 12/11/2012 postreply 07:25:22

• Vix at 20 is relative high. -一天钓鱼，两天上网- ♂ (42 bytes) () 12/11/2012 postreply 07:35:49

• historic norm is 17 -noconfusion- ♂ (81 bytes) () 12/11/2012 postreply 07:36:57

• Before SP 1575, I don;t think there is a bear market. -一天钓鱼，两天上网- ♂ (73 bytes) () 12/11/2012 postreply 07:38:57

• 注意: dividend tax 从今年的15% 涨到明年的43.5%(?). -不开窍- ♂ (0 bytes) () 12/11/2012 postreply 09:09:57

• get the facts straight if you want people to 注意 -noconfusion- ♂ (0 bytes) () 12/11/2012 postreply 09:25:08

• Here you are: 43.4% -不开窍- ♂ (7812 bytes) () 12/11/2012 postreply 12:03:15