Guest kawikaho Posted February 16, 2009 Posted February 16, 2009 Anyone have any suggestions for a high yield conservative investment? I'm looking for something bond like, but pays out over 5%.
StubbleJumper Posted February 16, 2009 Posted February 16, 2009 Please define the word "conservative" and describe your investment horizon. A treasury bond would be 99.999999% certain that you'll get your money when and as defined in the bond terms. A CD might be 99.999% sure that you'll get all your money as planned. Is that conservative? There are corporate bonds out there that might be >90% but <100% of getting your money back as planned. Is that good enough? ORH.A probably has a risk of financial failure below 90%, but there is much uncertainty about the timing of getting your capital back.....you might end up underwater for a couple of years before the price snaps back in line. Does this fit your time horizon? Is 90% probability of getting your money back good enough? SJ
Uccmal Posted February 16, 2009 Posted February 16, 2009 One of these might fit the bill: RY; BNS; TD; BMO; CM - all listed in New York as well. Paying dividends above 6% in depressed Canadian dollars - should the CDn dollar rise your dividend will rise. BMO is priced for a dividend cut which may not happen. I hold BMO, RY and TD and I am opportunistically picking up more of all of these, except CM. I am also a customer of most of the above as are nearly all Canadians - oligopoly sactioned by our federal government. http://business.theglobeandmail.com/servlet/story/RTGAM.20090215.wrgseven16/BNStory/Business/home
Guest misterstockwell Posted February 16, 2009 Posted February 16, 2009 How about Diageo(DEO), which just raised their dividend, yielding ~6%. There will always be Guinness(thank goodness).
Guest kawikaho Posted February 16, 2009 Posted February 16, 2009 I was thinking of a bond fund. I just heard of a MUNI bond fund that is paying out near 6% called MHF. Any other suggestions? SJ, don't you mean 10% risk of financial failure?
StubbleJumper Posted February 16, 2009 Posted February 16, 2009 Yep, risk of financial failure below 10%... :o
Junto Posted February 17, 2009 Posted February 17, 2009 A good muni fund is NAD. Also HRPPRB is a good preferred stock. There are plenty of options out there.
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now