Click Here to Boost a 20% Return to a 109% Moonshot
September 08, 2021 at 05:00 AM EDT
Contrary to popular opinion, we shouldn’t believe everything we read online. Even simple tasks such as counting dividends are often mishandled by our internet overlords. Mainstream financial websites such as Yahoo! Finance and Google Finance should know better. Check out the misinformation they are spreading about our beloved PIMCO Dynamic Credit & Mortgage Income Fund (PCI) . We added PCI to our Contrarian Income Report portfolio five years ago. If you bought PCI then, you’ve enjoyed $12.19 in dividends off an initial entry price of just $18.42. That’s a 66% “cash return” on our investment already! But the charts provided by Yahoo and Google lost track of these dividends.… Read more