I have PDI and PTY from Pimco. My costs basis is $18.25 for this cef. I get $100 1st day of every month from both funds. I stopped buying PDI once it paid me $1200 every year, and just continue to hold it.
Excellent video as always. PIMCO a few years ago could do no wrong, it seemed every PIMCO bond fund was going up more than the competition. Then they seemed to lose the magic. Was the great results (& bad results) due to very high leverage? PDI's Price only return is a MINUS -37% for the last 5 years! The 5 year annualized TOTAL Return, including distributions, is a very low 3%. With the Fed. Reserve lowering rates in the next few months, it is time to add bonds but think there are better options out there. PDI Price is already up 25% in the last year in anticipation of rates dropping, so most of the Price gain may be already Priced in. Your comment about the NAV going down while the Price went up, was right on target.
Thanks for your detailed thoughts on Pimco; I agree. It's not one to buy and hold forever because it doesn't do well during rising rate periods or during a massive economic crash. Hopefully we're entering a period of "normality" when it can just do its thing and pay a decent yield without eroding the NAV.
Thx. Yep. Own it. Appreciate the reply very much. Keep doing your thing. You’re among the best UA-camrs out there for retirees. (And I own a biz, have MBA and engineering degree. So not BSing).
Thanks, as always, for a well-researched, well-reasoned video. I hold PDI (fortunately at a modest discount to NAV when I bought it), and freely admit that it is a regular source of vacillation for me. Like you, it isn't a prominent player in my portfolio so I'm not losing sleep, but I often find myself pausing on PDI when reviewing my investments. I'm not planning on selling, but will watch the Return of Capital and the Yield on Cost for unpleasant trends. If there's any management company that can weather the interest rate storm, it's PIMCO. Not that I'm advocating blind brand allegiance, but they've been around long enough to have experience in a wide range of market/economic conditions. P.S. I like the new theme song.
Hi, A 13.5% premium and 38.6% leverage with PDI is a hard pass for me. People criticize the ELNs in JEPI/JEPQ for being opaque. This fund is a black box. Thanks for the video though. p.s. I nibbled on the funds from your last video recommendation from KURV.
Thanks for your feedback. PDI isn't for everybody. So far the ELN's have been performing so no criticism from me. You're earlier than me on KURV but I'll be watching their performance, especially when the blended ETF comes out.
Another great video. I hold a few I bought when it declined, somewhat because I was unaware of its "black box" problem. Since I am up, and I like the regular income, I am holding. I am not sure I would want to buy too much. But, a little spice on top of your cooking is generally nice!
HIlarious ending - thanks! I think I prefer QQQI with a slightly higher dividend and a much safer investment. Once I hit my share count goal I will look at this one again :) Thanks for an excellent video again.
The default withholding rate for non-US tax residents is 30%. However, the good news is that the actual tax liability to the US Government (IRS) is far less than 30%. It's somewhat complicated to calculate because there are different rates for Ordinary Income, Qualified Income, Capital Gains, and Return of Capital. I can't predict how low the final tax percentage will be, but it's highly likely to be less than 15%, and may be less than 10%. You have the option to file a tax return as a Nonresident Alien using the 1040-NR form. You'll need an accountant that's qualified to file US tax returns; ideally one that's familiar with Nonresident Alien taxation. If you file a tax return with the IRS, your tax liability will be calculated on the ACTUAL AMOUNT DUE, not the withholding amount. The amount due will be less than the withholding amount, so the IRS will issue a refund to you. The downside is that you have to wait up to a year to get the money back, but it will substantially reduce the amount of tax you pay. I'm not a tax professional, so I recommend that you speak to one before making any investment decisions that are affected by taxation.
Thank you for this review. I just started a position in this fund and have unsuccessfully tried to find information about dripping the distribution. Is there a discount? I couldn't find info on the website about it. Thank you for the response.
Searching on the internet it appears that a 5% discount using DRIP is available if the NAV is below the market price. I've heard feedback that some brokerage makes this complicated/difficult, but Fidelity is user friendly (I don't have an account with them). I haven't used this feature because I don't DRIP, I prefer to buy whatever is the best opportunity at the time.
@@armchairincomechannel I only have Fidelity and it is easy with XFLT, but was unclear if this was for all such investments. I also don't routinely drip, with the same view as you, but I'm considering it in my Roth and IRA for certain positions, not my tax account. I don't like paying top dollar when my divs drip. Thank you very much for the reply.
the yield is good but this nav still have not recover to inception, i'm not feeling too comfortable with this that... so if i use 4-5% dividend to reinvest, that means actual dividend get in your pocket is only about 8-9%
@@armchairincomechannel oh, i am happy with 8-9% yield, i think the problem i have is im not too happy with this company. lol i have my own doubt about it... lol
Will you make a video talking about PCN? I am curious is there any ROC(return of capital). The current price is juicy to me and the CEF keeps no dividend cut or lower dividend. I am betting the CEF price grows while federal rate reducing. So that I can earn the price different and the dividend.
Hi Armchair, just an FYI. I used your Snowball link and did purchase an annual subscription but Snowball actually sent an offer for 20% off the 1st year vs your 10%. Seems like you may not be getting the affiliate kickback that you should?
No problemo. Thanks for your concern and feedback. They have their own market offers they send out sometimes. I hope you were able to take advantage of the extra discount. I do have an affiliate relationship with them and they've great to deal with so no concerns.
PDI is a blessing from a monthly income standpoint. The stock price / growth is not the focus with PDI. Steady income is. Those looking for growth should avoid this stock although with falling interest rates it will more than likely increase in price.
Thanks for the great video! I bought PDI and also PCM due to their dividend consistency- Well, yesterday I was shocked that PIMCOs PCM did cut their distribution after 30 years of consistency. To me PDI and PCM look quite similar and the distribution coverage of PDI is even worse compared to PCM. The fund managers are the same. So, do we see a cut with PDI soon? Why did they have to cut? I am really confused... All the best for 2025 from Germany
Hi, thanks for sharing that information. I'm not familiar withe PCM fund so I don't know why they cut their dividend. Pimco has so many funds. I hold PDI and the yield is quite high, so there's always a chance of a dividend cut, although it doesn't happen often. Their portfolios are different so I don't think a cut at one means there has to be a cut for all funds managed by the same person.
I'm an income investor so I don't follow growth stocks specifically. That fund is entirely dependent on the price performance of Block (Ticker SQ) so I would need to be an expert on that company to invest in that fund. I don't hold any Yieldmax funds.
Yes, the PIMCO Dynamic Income Fund (PDI) offers a discount for its Dividend Reinvestment Plan (DRIP). Investors can reinvest dividends at a 5% discount to the market price or net asset value (NAV), whichever is higher on the payment date. This means that if the market price is $18.12, for example, the reinvested shares would be purchased at $17.21 per share, reflecting a 5% discount. I don't use those programs because I like to buy whatever is the best income opportunity each month.
Been looking at PDI for some time but never pulled the trigger. The leverage is obviously high; the yield is good; the history is rock solid. Should be OK for about a 1-2% trial run. The diversity is frightening.... It is a real Black-Box though... Wish I had a crystal ball that would tell me when/if interest rates would come down a bit. Oh well... Never a dull moment..
Love ur vids. I’ve been looking for a fund that is essentially SPY, but pays a distribution of around 5% in return of capital to help with taxes. I’m currently working, so buying income funds in my brokerage kills me in taxes. Any ideas?
Hello, good vid. Wanted to mention an ETF fund to you. Symbol INCO by Columbia funds. It seems to have excellent growth with ok dividends. Understand your general focus is current income, but this one seems to offer excellent prospects in India-centric investing. Growing ties with the west bode well for India's contin ued modernization and related investment returns. Thx for all of your content..
Hi. Thanks for your feedback and suggestion about INCO. I agree that India offers a lot of economic opportunity over the medium to long term but I'm looking for consistent income. That fund is more of a growth play and the income is volatile. Glad you like the content :)
Welcome to Armchair Insider :) As for taxes, US tax residents pay taxes in the following year. Non US tax residents have taxes withheld at rates that mostly range between 15 to 30% depending on the tax treaty of their tax residency.
I agree, the yield is high. It's higher than the historical average and it won't stay that high forever. Yields in general are higher at the moment because interest rates are higher. A lot of PDI's assets are corporate loans and they're paying high interest rates, then PDI uses leverage to further boost that income. Whether or not they can support it is a matter of looking at the assets in the portfolio and whether they're producing enough income, along with the effect of the 38% leverage. Anytime you see 13%, you should do a lot of checking!
This is likely one investment I will pass on. I typically won't take a position in a closed end fund if it's trading at a premium to NAV. I prefer to catch these when they are priced at the NAV or at a discount to NAV.
Hi. I tried Snowball but the auto sync to my brokerages was too messy and never matched. Could you do a quick video of how you update manually? What’s your schedule? Do you have any templates or how you massage the download from the brokerages? Cheers
Hi. I haven't tried the autosync but I know many viewers have had success with it. Of course every brokerage is different so some might be challenging when using that feature. If you haven't tried contacting customer support, it's worth a shot. I've found them to be quite responsive. I prefer to enter data manually. At the beginning it took a while but now it's part of my habit. If I buy or sell something, I immediately make the change on Snowball, it only takes a few seconds. I like the additional accountability. For example if at some point the Snowball numbers and my brokerage numbers don't match, it's a signal for me to check and make sure I actually received the income I was supposed to.
Thank you for the quick reply. My recollection is for dividend tracking you need to enter the dividend transaction to cash then a buy transaction for reinvesting? And as I write this I remember that you don’t auto reinvest 😂 …. But you must have to enter every dividend? Anyhoo would still love a video walkthrough.
@@armchairincomechannel Pimco has several funds that dropped a bunch in 2008, 2020 and never recovered and or drop 3 to 4% every year that pay huge yields, many people love to play the drip buy at a discount game that’s too much headache and risk for me.
Thanks for sharing your thoughts. AI might be used to find "questionable" expense patterns for tax returns. But it might also help people file their own taxes instead of paying an accountant simply because the tax code is unnecessarily complicated.
I don't usually look at crypto much but looked at MAXI. It's really new and the div. history looks strange (at least to me.) That spike might might be normal though. I'll give it a little more time.
Snowball Dividend Tracker (Create a Free Account, and the 10% Discount will appear under "Subscribe"):
armchairincome.link/snow
The best Income centric youtube channel by far!
That's very kind of you, and I'm glad you think so :)
I have PDI and PTY from Pimco. My costs basis is $18.25 for this cef. I get $100 1st day of every month from both funds. I stopped buying PDI once it paid me $1200 every year, and just continue to hold it.
Thanks for sharing. I like PTY too but it's rare to find it at a good price. Sounds like you have a nice goose laying golden eggs.
@armchairincomechannel Yeah PTY always trades at a premium it seems. Some people just willing to pay more for it.
i appreciate you stating what your research involved. please continue doing that. thanks.
Thank you for your feedback. Will do :)
Excellent video as always. PIMCO a few years ago could do no wrong, it seemed every PIMCO bond fund was going up more than the competition. Then they seemed to lose the magic. Was the great results (& bad results) due to very high leverage? PDI's Price only return is a MINUS -37% for the last 5 years! The 5 year annualized TOTAL Return, including distributions, is a very low 3%.
With the Fed. Reserve lowering rates in the next few months, it is time to add bonds but think there are better options out there. PDI Price is already up 25% in the last year in anticipation of rates dropping, so most of the Price gain may be already Priced in. Your comment about the NAV going down while the Price went up, was right on target.
Thanks for your detailed thoughts on Pimco; I agree. It's not one to buy and hold forever because it doesn't do well during rising rate periods or during a massive economic crash. Hopefully we're entering a period of "normality" when it can just do its thing and pay a decent yield without eroding the NAV.
Liked the new theme song at the end!
Thanks for watching until the end! Glad you liked it. I was curious to see if anybody noticed :)
Thx. Yep. Own it. Appreciate the reply very much. Keep doing your thing. You’re among the best UA-camrs out there for retirees. (And I own a biz, have MBA and engineering degree. So not BSing).
Thanks for your (well qualified) encouragement! I appreciate it :)
Thanks, as always, for a well-researched, well-reasoned video.
I hold PDI (fortunately at a modest discount to NAV when I bought it), and freely admit that it is a regular source of vacillation for me. Like you, it isn't a prominent player in my portfolio so I'm not losing sleep, but I often find myself pausing on PDI when reviewing my investments. I'm not planning on selling, but will watch the Return of Capital and the Yield on Cost for unpleasant trends. If there's any management company that can weather the interest rate storm, it's PIMCO. Not that I'm advocating blind brand allegiance, but they've been around long enough to have experience in a wide range of market/economic conditions.
P.S. I like the new theme song.
Thanks for that excellent overview of PDI. I couldn't have said it better myself. Glad you like the new tune :)
Hi, A 13.5% premium and 38.6% leverage with PDI is a hard pass for me.
People criticize the ELNs in JEPI/JEPQ for being opaque. This fund is a black box.
Thanks for the video though.
p.s. I nibbled on the funds from your last video recommendation from KURV.
Thanks for your feedback. PDI isn't for everybody. So far the ELN's have been performing so no criticism from me. You're earlier than me on KURV but I'll be watching their performance, especially when the blended ETF comes out.
I was about to start investing in PDI and your video has been amazing to speed up my research!
Perfect! Thanks for the feedback. Glad I could give you a head start :)
I've had a love/hate relationship with PDI over the years......I 'm still sitting on the fence.........
@@enricomonesi5856 how come?
Have been watching PDI for a while and think I will start a position soon.
Thanks for sharing your approach and best of luck with your investments (PDI or otherwise).
Another great video. I hold a few I bought when it declined, somewhat because I was unaware of its "black box" problem. Since I am up, and I like the regular income, I am holding. I am not sure I would want to buy too much. But, a little spice on top of your cooking is generally nice!
I like your "spice" metaphor. Thanks for sharing your investment story :)
I feel conflicted about PDI. It's so mysterious. It's a black box that has proven itself for decades. Nice review.
That makes 2 of us!
HIlarious ending - thanks! I think I prefer QQQI with a slightly higher dividend and a much safer investment. Once I hit my share count goal I will look at this one again :) Thanks for an excellent video again.
QQQI is definitely more mainstream! Glad you liked the ending :)
Another great review of armchair income source from a ETF I didn’t know about ! Continue your good works and good jingle at the end !! 👌👌👌😊😊
Thanks, and glad you liked the jingle. I was wondering if anybody would notice :)
For non US citizens how to deal with witholding taxes and effects on income?
The default withholding rate for non-US tax residents is 30%. However, the good news is that the actual tax liability to the US Government (IRS) is far less than 30%. It's somewhat complicated to calculate because there are different rates for Ordinary Income, Qualified Income, Capital Gains, and Return of Capital. I can't predict how low the final tax percentage will be, but it's highly likely to be less than 15%, and may be less than 10%.
You have the option to file a tax return as a Nonresident Alien using the 1040-NR form. You'll need an accountant that's qualified to file US tax returns; ideally one that's familiar with Nonresident Alien taxation. If you file a tax return with the IRS, your tax liability will be calculated on the ACTUAL AMOUNT DUE, not the withholding amount. The amount due will be less than the withholding amount, so the IRS will issue a refund to you. The downside is that you have to wait up to a year to get the money back, but it will substantially reduce the amount of tax you pay.
I'm not a tax professional, so I recommend that you speak to one before making any investment decisions that are affected by taxation.
@@armchairincomechannel many thanks for the explanation and great channel
Thank you for this review. I just started a position in this fund and have unsuccessfully tried to find information about dripping the distribution. Is there a discount? I couldn't find info on the website about it. Thank you for the response.
Searching on the internet it appears that a 5% discount using DRIP is available if the NAV is below the market price. I've heard feedback that some brokerage makes this complicated/difficult, but Fidelity is user friendly (I don't have an account with them). I haven't used this feature because I don't DRIP, I prefer to buy whatever is the best opportunity at the time.
@@armchairincomechannel I only have Fidelity and it is easy with XFLT, but was unclear if this was for all such investments. I also don't routinely drip, with the same view as you, but I'm considering it in my Roth and IRA for certain positions, not my tax account.
I don't like paying top dollar when my divs drip. Thank you very much for the reply.
Thank you.
You're most welcome!
Funky song 😂 I've had PDI on my watchlist for over one year, but my risk tolerance doesn't match its juicy distributions.
That’s a succinct explanation of your position on it! Glad you like the song. That means you watched to the end ;)
the yield is good but this nav still have not recover to inception, i'm not feeling too comfortable with this that... so if i use 4-5% dividend to reinvest, that means actual dividend get in your pocket is only about 8-9%
I agree with you. If you're happy with an 8-9% yield then that works :)
@@armchairincomechannel oh, i am happy with 8-9% yield, i think the problem i have is im not too happy with this company. lol i have my own doubt about it... lol
Good job explaining this one! I own PDI but also not going to add to it.
We’re in the same boat!
I continue to hold a little bit of PDI, but I have shifted into a larger holding in PTY
I like PTY too but the premium is currently over 20%. Thanks for watching.
The link to download your portfolio pdf is broken BTW
Thank you for letting me know!!! I just uploaded a new pdf file and its working on my laptop. If you have any more problems, let me know :)
@@armchairincomechannel Thank you very much!
Will you make a video talking about PCN? I am curious is there any ROC(return of capital).
The current price is juicy to me and the CEF keeps no dividend cut or lower dividend.
I am betting the CEF price grows while federal rate reducing. So that I can earn the price different and the dividend.
I haven't looked at PCN for a while. The dividend history is excellent. I opted for PFN because its trading at a lower premium to NAV.
Hi Armchair, just an FYI. I used your Snowball link and did purchase an annual subscription but Snowball actually sent an offer for 20% off the 1st year vs your 10%. Seems like you may not be getting the affiliate kickback that you should?
No problemo. Thanks for your concern and feedback. They have their own market offers they send out sometimes. I hope you were able to take advantage of the extra discount. I do have an affiliate relationship with them and they've great to deal with so no concerns.
unable to download your list from your site.
My apologies for the error, and thanks for letting me know. I just fixed it. You can download it here:armchairinsider.beehiiv.com/
PDI is a blessing from a monthly income standpoint. The stock price / growth is not the focus with PDI. Steady income is. Those looking for growth should avoid this stock although with falling interest rates it will more than likely increase in price.
Thanks for your perspective on PDI, I think its quite accurate!
Thanks for the great video! I bought PDI and also PCM due to their dividend consistency- Well, yesterday I was shocked that PIMCOs PCM did cut their distribution after 30 years of consistency. To me PDI and PCM look quite similar and the distribution coverage of PDI is even worse compared to PCM. The fund managers are the same. So, do we see a cut with PDI soon? Why did they have to cut? I am really confused... All the best for 2025 from Germany
Hi, thanks for sharing that information. I'm not familiar withe PCM fund so I don't know why they cut their dividend. Pimco has so many funds. I hold PDI and the yield is quite high, so there's always a chance of a dividend cut, although it doesn't happen often. Their portfolios are different so I don't think a cut at one means there has to be a cut for all funds managed by the same person.
Nice informative video again…what did you think of SQY etf Mr Armchair? Your opinion is valuable
I'm an income investor so I don't follow growth stocks specifically. That fund is entirely dependent on the price performance of Block (Ticker SQ) so I would need to be an expert on that company to invest in that fund. I don't hold any Yieldmax funds.
@@armchairincomechannel makes sense, I may have to move it into something like ARDC in the near future. Thank you sir!
Does PDI drip at the NAV price?
Yes, the PIMCO Dynamic Income Fund (PDI) offers a discount for its Dividend Reinvestment Plan (DRIP). Investors can reinvest dividends at a 5% discount to the market price or net asset value (NAV), whichever is higher on the payment date. This means that if the market price is $18.12, for example, the reinvested shares would be purchased at $17.21 per share, reflecting a 5% discount. I don't use those programs because I like to buy whatever is the best income opportunity each month.
Been looking at PDI for some time but never pulled the trigger. The leverage is obviously high; the yield is good; the history is rock solid. Should be OK for about a 1-2% trial run. The diversity is frightening.... It is a real Black-Box though... Wish I had a crystal ball that would tell me when/if interest rates would come down a bit. Oh well... Never a dull moment..
That about sums it up! Thanks for sharing your thoughts. I've given up predicting what interest rates will do.
Love ur vids. I’ve been looking for a fund that is essentially SPY, but pays a distribution of around 5% in return of capital to help with taxes. I’m currently working, so buying income funds in my brokerage kills me in taxes. Any ideas?
Thanks for your encouraging feedback. QDPL sounds like the kind of thing you're looking for.
I like the new theme song! 😁
Me too! Was wondering if anybody would notice. Thanks for letting me know :)
I have PDI but I personally like PAXS better.
Thanks for your feedback. I need to take a closer look at PAXS. It's fairly new but has had a nice run recently!
@@armchairincomechannel I like it because it has one of the highest coverage ratio and it’s diversified
Looks good but I don’t like how much it leveraged
I don't love that part either. Thanks for your feedback :)
I may start small - 1% to 2% and then watch it fairly close. (and bail out if things look bad).
Hello, good vid. Wanted to mention an ETF fund to you. Symbol INCO by Columbia funds. It seems to have excellent growth with ok dividends. Understand your general focus is current income, but this one seems to offer excellent prospects in India-centric investing. Growing ties with the west bode well for India's contin ued modernization and related investment returns. Thx for all of your content..
Hi. Thanks for your feedback and suggestion about INCO. I agree that India offers a lot of economic opportunity over the medium to long term but I'm looking for consistent income. That fund is more of a growth play and the income is volatile. Glad you like the content :)
BTW I joined to have access to your portfolio. When investing in US ETF, are you deducted from any taxes directly in your brokerage ?
Welcome to Armchair Insider :) As for taxes, US tax residents pay taxes in the following year. Non US tax residents have taxes withheld at rates that mostly range between 15 to 30% depending on the tax treaty of their tax residency.
@@armchairincomechannel ok thanks !
How’s Danang going mate? Cheers Leigh
Hi Leigh, I left a couple of weeks ago. Had a great time!
Thoughts on gram?
I don't know what you mean by "gram".
Sorry, Hesm issuing new class a shares? Thanks
Got PDI and PDO
Somebody is a Pimco fan :)
We think the same.
Hi Norman, thanks for watching!
I prefer monthly payers.
PDI pays monthly.
i like preferreds , have you done any videos on prefs ?
Yes! Here's a video I did on preferreds...I still have a lot to learn. ua-cam.com/video/xt1MHQAziWo/v-deo.html
yield rate is too high, i dont think they can support it.
I agree, the yield is high. It's higher than the historical average and it won't stay that high forever. Yields in general are higher at the moment because interest rates are higher. A lot of PDI's assets are corporate loans and they're paying high interest rates, then PDI uses leverage to further boost that income. Whether or not they can support it is a matter of looking at the assets in the portfolio and whether they're producing enough income, along with the effect of the 38% leverage. Anytime you see 13%, you should do a lot of checking!
This is likely one investment I will pass on. I typically won't take a position in a closed end fund if it's trading at a premium to NAV. I prefer to catch these when they are priced at the NAV or at a discount to NAV.
That makes a lot of sense. This one at a discount to NAV is quite attractive, but requires some patience.
Pdi 20% + schd80%
Thanks for your insight!
Thanks, for the video but the expense ratio is higher.
That's true. It's one of the highest I've seen.
Sure is high. I guess as long as the net is in the ~13-14% range, I can still live with it.
@@armchairincomechannel thanks for the info. Will plan to add some to the portfolio can't miss the divi income.
Hi. I tried Snowball but the auto sync to my brokerages was too messy and never matched. Could you do a quick video of how you update manually? What’s your schedule? Do you have any templates or how you massage the download from the brokerages? Cheers
Hi. I haven't tried the autosync but I know many viewers have had success with it. Of course every brokerage is different so some might be challenging when using that feature. If you haven't tried contacting customer support, it's worth a shot. I've found them to be quite responsive. I prefer to enter data manually. At the beginning it took a while but now it's part of my habit. If I buy or sell something, I immediately make the change on Snowball, it only takes a few seconds. I like the additional accountability. For example if at some point the Snowball numbers and my brokerage numbers don't match, it's a signal for me to check and make sure I actually received the income I was supposed to.
Thank you for the quick reply. My recollection is for dividend tracking you need to enter the dividend transaction to cash then a buy transaction for reinvesting? And as I write this I remember that you don’t auto reinvest 😂 …. But you must have to enter every dividend? Anyhoo would still love a video walkthrough.
I enter the buys and sells, that's it. You're right, I don't DRIP, as I prefer to buy whatever is the best investment opportunity at the time.
You have the 8% rule mine is no NAV erosion funds, it doesn’t make sense to me to invest back to keep from loosing value
I agree with your No NAV erosion policy. PDI may have NAV appreciation when rates are cut. It’s not a buy and forget fund.
@@armchairincomechannel Pimco has several funds that dropped a bunch in 2008, 2020 and never recovered and or drop 3 to 4% every year that pay huge yields, many people love to play the drip buy at a discount game that’s too much headache and risk for me.
Start looking into total return so you can get with the new age
@@Daniyoyo PDI total returns past 10 years CAGR 6% 😂
@@jdedadhigher than any Bond you can buy today considering this is a bond fund 🤡
Feel far more comfortable with ''MAXI'' then Pimco's accounting methods. What wonders would the IRS find in the financial world with AI🙃
Thanks for sharing your thoughts. AI might be used to find "questionable" expense patterns for tax returns. But it might also help people file their own taxes instead of paying an accountant simply because the tax code is unnecessarily complicated.
I don't usually look at crypto much but looked at MAXI. It's really new and the div. history looks strange (at least to me.) That spike might might be normal though. I'll give it a little more time.
@@RobertBrown-yn9tx Crypto is 100% at risk so is TSLY n MAXI.
I keep them small quick to sell. Just a little fun,
the comments show how your viewers feel about this fund
That's true. I'd say more than 50% like it but it's a mix. The fees and leverage put quite a few investors off.
hello
.
first - Hi
Unless you watched the video at 2x speed I don't think you could have finished it yet!
@@armchairincomechannel Sorry, I did. I was trying to comment and was having problems with my computer. Not trying to troll. Sorry.