PFN tanks after 10.25 percent dividend cut. When I started investing in closed end funds (CEFs) there was always a warning on the investment summary page that said: Closed end funds are subject to the risk of their underlying assets and investment strategy. Unlike open end funds, closed end funds
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Electric Bill, What is PCA?
The monthly electric bill for August arrived the other day. I usually don’t look too close at the bill, other than to see if it is within the expected $80-$120 range. The bill was unusually high this time at $173. I started looking at the bill to see what had
Continue readingAugust 2021 Update
For the month of August, the DOW was up 388 points. Only a slight gain as investors try to determine how the latest COVID wave will impact economic activity. My investments gained $11,091 for the month. Dividends and interest amounted to $611, with $440 withdrawn to pay bills. Investments sold:
Continue readingMN Property Tax Refund Error
The other day I received a letter from the MN Dept. of Revenue notifying me of a change to my property tax refund. The adjustment was made because line 32 of my schedule M1NC, federal adjustments, was a positive amount and should have been included as additional income on line
Continue readingWorkplace Age Discrimination
Shortly after I was “released” from my job in electronics manufacturing , AARP came out with an article titled “Workplace Age Discrimination Still Flourishes in America”. At the time of my employment release, I was 57 years old. During my employment, I never experienced any age discrimination. It was only
Continue reading-$10,000 Six Times
I was looking at a year-to-date chart of my investments today. I counted six times where the value of my account dropped by over $10,000. This has occurred over a 3 or 4 day period every 5 or 6 weeks. But, each time the investments have bounced back to a
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