Guest kawikaho Posted February 16, 2009 Share 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%. Link to comment Share on other sites More sharing options...
StubbleJumper Posted February 16, 2009 Share 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 Link to comment Share on other sites More sharing options...
Uccmal Posted February 16, 2009 Share 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 Link to comment Share on other sites More sharing options...
Guest misterstockwell Posted February 16, 2009 Share Posted February 16, 2009 How about Diageo(DEO), which just raised their dividend, yielding ~6%. There will always be Guinness(thank goodness). Link to comment Share on other sites More sharing options...
Guest kawikaho Posted February 16, 2009 Share 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? Link to comment Share on other sites More sharing options...
StubbleJumper Posted February 16, 2009 Share Posted February 16, 2009 Yep, risk of financial failure below 10%... :o Link to comment Share on other sites More sharing options...
Junto Posted February 17, 2009 Share Posted February 17, 2009 A good muni fund is NAD. Also HRPPRB is a good preferred stock. There are plenty of options out there. Link to comment Share on other sites More sharing options...
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