Archive for May, 2012

Guggenheim Investments Exchange-Traded Funds Declare Monthly Distributions

Disclosure: I am personally invested in the Guggenheim BulletShares 2015 High Yield Corporate Bond ETF at the time of this post.

Guggenheim Investments Exchange-Traded Funds Declare Monthly Distributions

MarketWatch (press release)

"NEW YORK, May 31, 2012 (GlobeNewswire via COMTEX) — Guggenheim Investments announced today that the following Guggenheim exchange-traded funds ("ETFs") have declared distributions. The table below summarizes the distribution for each Fund."
http://www.marketwatch.com/story/guggenheim-investments-exchange-traded-funds-declare-monthly-distributions-2012-05-31

 

My brother-in-law's brokerage account at Charles Schwab was 100% invested in six-month certificates of deposit that were offered through Schwab's OneSource CD service.  Needless to say, he was getting a pretty low 0.30% APY interest rate on his CDs.  I suggested that he look into the Guggenheim BulletShares 2015 High Yield Corporate Bond ETF (NYSEArca: BSJF) for part of his portfolio.  This ETF invests in a basket of high yield corporate bonds that all mature in the year 2015.  Because the maturity date is within three years, the price volitility for shares of this ETF is relatively low.  The distribution yield is above 5%, and right now the share price has pulled back from its recent highs.  Check out BSJF today.

Be the first to comment - What do you think?  Posted by George Yee - May 30, 2012 at 5:17 pm

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Facebook's stock debut shows not all investors are equal

As a contrarian investor, I am delighted when I see stories like the following:

Facebook's stock debut shows not all investors are equal

Boston Herald

"Millions of small investors have trimmed their investments in stocks after seeing their 401(k) accounts pulverized by the market plunge in 2008-09. The May 2010 flash crash – in which $1 trillion briefly vanished from the stock market – served as …"
http://www.bostonherald.com/business/general/view/20120526facebooks_stock_debut_shows_not_all_investors_are_equal/srvc%3Dhome%26position%3Drecent

 

Instead of buying overly hyped stocks like Facebook, I am looking to buy hated and ignored sectors such as insurance company stocks and gold mining stocks.  I like using ETFs for sector investing.  For the insurance sector, I like the iShares Dow Jones Insurance Select Fund (NYSE: IAK).  For the gold mining sector, I like the Market Vectors Gold Miners Fund (NYSE: GDX). 
 

Be the first to comment - What do you think?  Posted by George Yee - May 26, 2012 at 1:56 pm

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