Monday, October 20, 2014

PARK SOME CASH IN FAX

In my opinion, rather than cd's a better way to park some cash is in Aberdeen Asia-Pacific Income Fund, Inc. (FAX) today at 5.84.  Annual dividend at about 5.6% paid monthly and a strong US$ vs AUD make FAX a good prospect for continued returns which would increase as the AUD regains strength.

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