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re: Refinacing student loan and extending term

Posted on 2/26/15 at 2:48 pm to
Posted by VABuckeye
Naples, FL
Member since Dec 2007
35703 posts
Posted on 2/26/15 at 2:48 pm to
quote:

What if some of it is return of capital?


Why would you want to invest in a depreciating asset? You may as well just buy a fricking annuity.
Posted by Dr. Grey
Here
Member since Feb 2015
19 posts
Posted on 2/26/15 at 3:14 pm to
Ok. So, the stock is a closed end fund that pays a pretty good "dividend." I understand that some of it is return of capital. How much is ROC isn't determined till the end of the year if I am not mistaken. Anyway, this will free up some cash flow for me and I am of the belief that this is a solid investment.
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