Archive | December 2017

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AFTER CHRISTMAS SALE

  December 27, 2017 We typically do not spend much time looking at making significant changes in the Core Portfolio between Christmas and New Year’s.  All the big players are traveling to exotic vacation spots (aren’t you?…the temperature here is MINUS 3 degrees) and we would anticipate no big moves in the bond or stock […]

NOW OWN ISD. 7.5%

December 20, 2017 We finally got filled with a very small position on ISD at $14.71.  If the price continues to decline we will most likely buy more.  Right now, the price is $14.72.  ISD pays 7.5% With the passage of the tax bill, we are anticipating tax loss selling in January.  This may be […]

FIRE SALE ON ISD. CNN. NETFLIX.

December 14, 2017 Update:  Dec 19 Order in at $14.71 Update:  Dec 18 We now have a buy order on ISD at $14.72, for today only.  Update:  Dec 15 We have a buy order on ISD at $14.69. We have been watching Prudential Short-Duration High Yield Fund (ISD) for several months.  Or we should say […]

REVIEW OF GBAB 6.7%

December 12, 2017 We have numerous positions going ex-dividend in December but NONE except one are “buys”.  We recently bought GBAB.  It jumped up to $22.89 and has been dropping back to $22.63 today.  GBAB is going ex-dividend December 14 and we would watch for a pull-back to around $22.50  This is a buy anyplace […]

EHT. FAKE NEWS.

December 8, 2017 FAKE NEWS EVERYWHERE:  We do not listen to CNBC and the financial networks.  But yesterday at the gym we overheard a rube on CNBC forecasting a recession in 2019.  LOL  Now how in the hell can anyone talk about what is going to happen in the financial markets YEARS in the future.  […]

NEWTL 6.7% BUY: but we are cash poor!!!

December 6, 2017 We are suggesting you look at NEWTL which is a debt security from Newtek:  pasted below is a brief description copied from the article and the link is below.  We have been watching Newtek for ages and the time has come to buy.  The bond NEWTL is a BUY. We are NOT […]

LOOKING AT BXMT FOR BUY

December 4, 2017 REVIEW THE CORE PORTFOLIO FOR CURRENT HOLDINGS. We own BXMT in the Core Portfolio………there is yet another positive article in SeekingAlpha.com on the Company and the link is below.     BXMT has announced a public offering of 10,800,000 shares and so the price has come down.  NOW is the time to […]

REVIEWING LADR: BUY MORE OF THIS CORE PORTFOLIO POSITION

December 1, 2017 Here is a positive article (link below) on LADR which is a position in the Core Portfolio.  LADR pays over 9% and is now priced BELOW where we purchased.  Current owners can buy more.  Or if you do NOT own, you have two options:  buy now and get the dividend on Dec […]