How to earn more money for Strippers!
Knightline
Boston
Monday, November 29, 2010 12:59 PM
I've been a financial consultant for 20 years, and have some of the highest designations in the business. Here's some current investment advice so you can pay for your dances:
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Invest in high-income securities. Currently, NY stock exchange securities like AGNC (20% current yield, NLY(15%), & CIM(17%)are very good - they pay dividends over 15%!! They are likely to pay that until short term interest rates rise - but that wont' happen for a long time - here's why. The official CPI consists 50% of wages and wages are going nowhere for a long time. Another 25% is housing and guess what - see what I say about wages. We as a nation are in 'save' mode - not spending mode. So, US stocks aren't going anywhere either. That is - any company depending solely on the US economy is a problem. If you want growth stocks - look at developing countries - and stay away from Japan and Europe - they are not developing! Go to China, India, Brazil, etc. But these are volatile stocks - still they should do better than any other growth areas over the next 10 years. Better yet - stay with high-income securities like the ones I listed above. But make sure you sell them when short term interest rates start to go up - but you're safe for another 6 months at least. If you put away 10K and get 17% - you'll have $1500 in six months to splurge on lap dances!!
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