Jason Harris

92%
Flag icon
The Aberdeen Asia-Pacific Income Fund (FAX) Current Dividend: 8% Share Price Cost Basis: $5.00 Shares Purchased: 10,000 ($50,000 principal) Annual Dividends: $4,000 Three-Year-Rule Scenario: If FAX appreciates to $6.20 within (3) months, you should sell and take the net $12,000 gain, since the $12,000 (3 X 4,000) threshold was breached.
UNSCRIPTED: Life, Liberty, and the Pursuit of Entrepreneurship
Rate this book
Clear rating
Open Preview