bdc

SELL VNR RIGHT NOW

September 2, 2014.  Go to “Core Portfolio” for current holdings.  We have had a good run with VNR.  Nice dividends and good appreciation.  But this thing is tanking and you need to get rid of it. I should have sold many weeks back but we still have nice profits:  we have collected very nice dividends […]

PFLT LOOKING GOOD-COOL STORY FOR US TREKKIES!!

June 11, 2014  *********Go to “Core Portfolio” for current holdings.********** We hold PFLT a business development company in our core portfolio.  I saw an excellent article covering PFLT and the link is pasted below. PFLT goes ex-dividend next week.  If you buy now you will receive the dividend.  But the price may go down after […]

CORPORATE BONDS YIELDING OVER 10%

April 22, 2014 Go to “Core Portfolio” for current holdings.  Hit “+Follow” at top of page to follow this blog. I have had great success in the corporate bond arena, so when I saw this Citigroup bond offering, I jumped at the chance: Citigroup (C) is offering a 10.50% coupon bond that matures in 2034.  […]

PREPARE FOR RISING INTEREST RATES

March 29, 2014 Go to “Core Portfolio” for current holdings.  Hit “+Follow” at top of page to follow this blog. In looking at the charts and technicals it is becoming increasingly evident that we may be looking at a 5-10% pullback in the stock markets within the next 6 months.  Predicting stock markets is a […]

CALLING ALL MILLIONAIRES!

March 17, 2014 Go to “Core Portfolio” for current holdings.  Hit “+Follow” at top of page to follow this blog. SPY 1846.00 Update:  I expected a market decline if the Fed tapered.  And that is what we are getting so far.  Hold tight.  Do nothing for now. Market Outlook:  Possible pullback but long term bullish. […]

BUY BUSINESS DEVELOPMENT COMPANIES

March 13, 2014 **********Go to “Investments Core Portfolio” for current holdings.********** SPY 1872.00 Short and Long Term Outlook:  Bullish HTGY is a baby bond for BDC Hercules Technology Growth Capital (HTGC).  IF, and only if, this gets down to $25.00 you should buy.  Pays almost 7%.  Do NOT buy unless you can get this for […]

PSEC Don’t Miss This One

March 6, 2014 Go to “Investments Core Portfolio” for current holdings. SPY 1877.00 Short and Long Term Outlook:  Bullish Update:  BUY at $10.85 Business Development Companies (PSEC is a BDC that is in our core portfolio) have been getting hit because of the following: “Changing gears, I asked him to comment on a hot topic […]

JMPC BUY

February 24, 2014 Go to “Investments Core Portfolio” for current holdings. JMP Group Inc. is a full service investment banking and alternative asset management firm that provides investment banking, sales and trading, and equity research services. I suggest buying JMPC 7.25% Senior Notes due in 2021.  As always I recommend no more than 1% of […]

STAY ALERT

February 20, 2014 Go to “Investments Core Portfolio” for current holdings. MUST READ ARTICLE:  CLICK ON LINK BELOW http://theeconomiccollapseblog.com/archives/china-starts-to-make-a-power-move-against-the-u-s-dollar Investors are facing numerous issues.  Unemployment is very bad and prospects do not appear good.  This administration is doing nothing to address this problem.  Their solution is to get everyone on food stamps and disability.  The […]

BKLN GGN BUY

February 10, 2014 SPY 1796.00  Go to “Investments Core Portfolio” for current holdings. SELL WPZ  It appeared WPZ would be a long term holding, but the charts are not looking good.  It paid good dividends but the price is looking weak.  I am getting out at the same price I paid.  I am not going […]