Any "Latest & Greatest" about Delta?
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Joined APC: Feb 2008
Posts: 40
With a par value of 25, there are many offerings that pay between 7 and 8%. Check out Ford preferred, Bank of America Preferred, JP Morgan, Barclays, GM, Credit Suisse etc. If you look at a couple of the high income/dividend funds and compare the top ten holdings of each fund, you will probably see many of the same 'faces' in each fund. Simply buy those preferreds that you see in all of the funds on your own and you will make an extra 1% over the managed funds.
The downside is limited (unless the company goes bankrupt) to the par value in the case of a company recall of the shares.
You can also take some of your cash in invest in a Business Development Unit such as Blackrock Capital (BKCC) or Annalay Capital or Main Street Capital (MAIN). These payers usually pay >8%. They are required by the IRS to payout to the shareholders, 90% of their proceeds. There is more risk involved in these equities, so DYODD. However, if you balance a portfolio so that you have something like 50% in a managed fund, 30% in individual preferreds and 20% in BDUs or capital management funds you will come out with around ann 8% average annual return.
As always, take financial advice from a pilot with a grain of salt. After all, we were all dumb enough to choose this as a career instead of marrying rich.
Some of you are kind of jackasses. Sorry I wasted your time asking a couple innocent questions. I hear from my friends at Delta that it is a great place to work and that everyone is so happy. Now I question that, after some of your responses...
And, yes, mil IP with 14 yrs of service. Does that count?
And, yes, mil IP with 14 yrs of service. Does that count?
Can't abide NAI
Joined APC: Jun 2007
Position: Douglas Aerospace post production Flight Test & Work Around Engineering bulletin dissembler
Posts: 11,993
ABC affiliate, Channel 9, reporting Comair getting shut down October 1.
No Delta sources quoted on confirmation.
Of course thee billions of dollars flushed are not considered a cost of outsourcing. Sorry to hear this, if true. Many had nothing to do with the unpleasant events hat divided our union. Comair was a multi billion dollar company; then Delta bought them.
No Delta sources quoted on confirmation.
Of course thee billions of dollars flushed are not considered a cost of outsourcing. Sorry to hear this, if true. Many had nothing to do with the unpleasant events hat divided our union. Comair was a multi billion dollar company; then Delta bought them.
Last edited by Bucking Bar; 07-17-2012 at 07:21 PM.
Can't abide NAI
Joined APC: Jun 2007
Position: Douglas Aerospace post production Flight Test & Work Around Engineering bulletin dissembler
Posts: 11,993
Banned
Joined APC: Apr 2010
Posts: 394
You can get about 5% in a Preferred share fund (Fidelity Focused High Income Fund FHIFX or about 4.5% in a Bond Fund (Fidelity Strategic Income FSICX). This is independent of the increased NAV share price. You can look it up, by I think they are averaging about 6% annually with these two funds. The best thing, I think, is to just buy the preferred shares themselves.
With a par value of 25, there are many offerings that pay between 7 and 8%. Check out Ford preferred, Bank of America Preferred, JP Morgan, Barclays, GM, Credit Suisse etc. If you look at a couple of the high income/dividend funds and compare the top ten holdings of each fund, you will probably see many of the same 'faces' in each fund. Simply buy those preferreds that you see in all of the funds on your own and you will make an extra 1% over the managed funds.
The downside is limited (unless the company goes bankrupt) to the par value in the case of a company recall of the shares.
You can also take some of your cash in invest in a Business Development Unit such as Blackrock Capital (BKCC) or Annalay Capital or Main Street Capital (MAIN). These payers usually pay >8%. They are required by the IRS to payout to the shareholders, 90% of their proceeds. There is more risk involved in these equities, so DYODD. However, if you balance a portfolio so that you have something like 50% in a managed fund, 30% in individual preferreds and 20% in BDUs or capital management funds you will come out with around ann 8% average annual return.
As always, take financial advice from a pilot with a grain of salt. After all, we were all dumb enough to choose this as a career instead of marrying rich.
With a par value of 25, there are many offerings that pay between 7 and 8%. Check out Ford preferred, Bank of America Preferred, JP Morgan, Barclays, GM, Credit Suisse etc. If you look at a couple of the high income/dividend funds and compare the top ten holdings of each fund, you will probably see many of the same 'faces' in each fund. Simply buy those preferreds that you see in all of the funds on your own and you will make an extra 1% over the managed funds.
The downside is limited (unless the company goes bankrupt) to the par value in the case of a company recall of the shares.
You can also take some of your cash in invest in a Business Development Unit such as Blackrock Capital (BKCC) or Annalay Capital or Main Street Capital (MAIN). These payers usually pay >8%. They are required by the IRS to payout to the shareholders, 90% of their proceeds. There is more risk involved in these equities, so DYODD. However, if you balance a portfolio so that you have something like 50% in a managed fund, 30% in individual preferreds and 20% in BDUs or capital management funds you will come out with around ann 8% average annual return.
As always, take financial advice from a pilot with a grain of salt. After all, we were all dumb enough to choose this as a career instead of marrying rich.
Bogleheads • View topic - Another look at high yield bonds
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