4 ms·

CLM?

• et-al 10y ago
  Stock: https://www.google.com/finance?q=clm https://www.google.com/finance?q=clm http://finance.yahoo.com/news/cornerstone-funds-announce-continuing-monthly-215631204.html http://finance.yahoo.com/news/cornerstone-funds-announce-con... Supposedly has an 18% yield, which is pretty darn good. What's the catch?
  • MrLeap 10y ago
    I have no idea. From what I've made on the dividend + buying it and selling it, it could go to zero and I'd still have made money on it. Admittedly I bought it without much due diligence. Just wanted something to park my savings in for a while and some stock screener shenanigans led me to it. Robinhood has really made it easy for me to make silly decisions. Oh well, lucked out on this one.
    • et-al 10y ago
      Thanks for the honesty and sharing your tip. :)