Trade Alert 2024-03-18

The yield on this one is around 9%. Pretty good.

Less than two weeks ago, we picked up shares of MFAN (MFAN) MFAN 0.00%↑ when they were sliding. We got a pretty nice price and shares are already up about 1.6% to 1.7% from our initial purchase and alert.

That would be a tiny movement for most common shares, but MFAN is a baby bond so the price should be far less volatile.

Today, we picked up another high yield investment. We’re still focusing on the lower-risk opportunities for yield though.