June 28, 2017 (Update:  It looks like oil is ready to head up.  Some ideas include OIH, RIG and RRC…in addition to the positions in our Core Portfolio.) Back on June 16 we suggested you look at CLNS.  This position just went ex-dividend paying 27 cents and the price is down.  If you did not […]

  June 26, 2017 We are buying CGBD which is a new business development company with a new IPO.  Yield is approx. 8%.  Here is a short description of the position:  the link to the full article is posted below and you should read it before investing. The Carlyle Group is one of the largest […]

June 22, 2017 As residents of Illinois, we have known for many, many years that Illinois was eventually going to head into bankruptcy.  With the rampant corruption and Democratic control in Springfield there was no other outcome.  The ‘spend money’ mentality is so ingrained that a bomb could not stop it. We have told you […]

June 16, 2017 The Rasmussen Reports daily Presidential Tracking Poll for Friday shows that 50% of Likely U.S. Voters approve of President Trump’s job performance. Fifty percent (50%) disapprove. ———- Colony NorthStar has been through some “turmoil” in the recent past but the outlook is stabilizing.  CLNS pays 7.6 % and the Preferred Shares CLNS-I […]

June 14, 2017 WHFBL is in the Core Portfolio.  After going ex-dividend it is finally coming down and is priced right now at $25.45.  This is a reasonable price to buy if you do not own:  OR if you own you could ADD to the position. It could go lower if you want to take […]

June 14, 2017 We have done very well with SBLKL providing us dividends over the years.  As mentioned earlier we were going to hold despite a recent article telling us to sell a portion.  But this thing is stalling, and the technical indicators are telling us to get out.  SELL _____ Sometimes we get so […]

June 9 2017 Oxford Lane Capital is selling a new TERM preferred issue with a coupon of 6.75%. OXLC is a closed end investment firm and must follow the leverage rules for senior securities and hold 200% of the value of their debt and preferred stocks in assets:  which adds a level of safety.  We […]

June 9, 2017 NGL Energy (NYSE:NGL) is selling a fixed to floating rate preferred with an initial coupon of 9%.  Proceeds from this offering will be used to pay down the balance on their credit lines. NGL is an energy midstream company in the energy storage and pipeline business. Maturity is July 2022.  Coupon is […]

June 7, 2017 GO TO CORE PORTFOLIO to see current positions. Next week, WHFBL (which is in the Core Portfolio) is going ex-dividend and the price will come down.  If you do not own, you can buy at the lower price.  We may decide to ADD to the position. We are looking at three potential […]