Disclaimer: The opinions in this blog are not to be taken as recommendations to buy or sell any of the securities mentioned. If you choose to invest, you are doing it at your own risk.
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.