+1I would be real cautious about this, it sounds too good to be true. It could be a lot riskier than you understand or part of the 9% return may be return of capital.This is a remenant from the investment manager that pays over 9% annually in a dividend.
That 9% is almost certainly not all "free money", i.e. some of it is eating into your capital (share price). You're paying taxes now on the extra income, that would otherwise be deferred until you sell shares.
Statistics: Posted by 22twain — Tue Nov 12, 2024 1:05 am — Replies 6 — Views 740
