Julien B. Booth

Principal & Portfolio Manager


Dana Christner

Operations Manager



© 2019 Forest Capital, Corp. - All Rights Reserved

300 McGill Avenue NW

Concord, NC 28027

(704) 750-8000

2400 CrownPoint Executive Drive, Suite 200

Charlotte, NC 28227

(704) 847-0101

(704) 849-0535



February 11, 2020

January 30, 2020

December 19, 2019

December 3, 2019

September 11, 2019

Please reload

Recent Posts

More TINA?

February 11, 2020

Please reload

Featured Posts

Unelected governors - Value in Closed End Income

October 13, 2016

I hope this notes finds you doing well. We have started our move to the new World HQ of Forest Capital (formerly Cannon Mills Exec. offices/Niblock Bldg.) in Concord, NC. Feel free to drop by. Map below.


There is a time and place for everything. We find ourselves in a time where the Federal Reserve Governors are dictating.


The ridiculous, on again, off again Federal Reserve is all that drives the current rate markets. Damn the economic data; as it continues to be largely disappointing. FYI - Econ. cycles have not been eliminated. We are well beyond the normal growth/expansionary duration.


The wonderful outcome of the endless Federal Reserve chatter: Closed end funds (SECONDARY market only) are once again a wonderful bargain; Tax-free yields exceed 4.5% and taxable yields are in excess of 7.0%+. With rates likely range bound...there is solid value here with great credit quality.


We are actively adding to our closed end fund positions, especially tax-free municipal bonds.



As usual, thank you for investing with Forest Capital! For additional information on portfolio positioning, please contact Forest Capital directly at jbooth@forestcapital.net.

Share on Facebook
Share on Twitter
Please reload

Please reload