1/ BJBHX — just to lose money!
2/ Final goodbye to BJBHX.
3/ BJBHX $0.26 cap gains for 2014.
4/ BJBHX stopped hemorrhaging for a day.
5/ BJBHX depressing news.
6/ BJBHX: sticking it out till 2015.
7/ BJBHX has decent December 2013.
8/ Uncontrollable Infatuation With BJBHX.
9/ BJBHX: I Bailed With Regret.
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Last night on Marketwatch I happened to see an article whose headline was “Deteriorating Junk Bonds …“. I was very glad that I was NO LONGER in junk bonds — having lived off them for nearly 6 years after the 2008 Financial Crisis. Since BJBHX was my prime instrument for exploiting junk bonds I had a hankering to see how it was doing — though I knew that it could NOT be doing too well given that junk bonds have taken a hammering this year.
I was sickened by what I saw — i.e., the CHART above.
WOW. WOW. WOW!
Am I glad that I finally bailed out in mid-May 2015. Best thing I have done in years.
I did tell YOU to do the same. I reiterated that in September. IF you are still in BJBHX I feel bad for you. I have NOT checked the ex-DIV dates BUT if the Capital Gains are still in the fund GET OUT TODAY. Salvage what you can.
My fear is that many of you might be in BJBHX via a broker and not even KNOW that you are bleeding money like there is no tomorrow.
When I extracted everything I had in BJBHX I had to find a place to park it.
I also need to be able to make money from OPTIONS to make up for the income I was losing from BJBHX.
So not knowing any better I put all the BJBHX money into AMZN!