February 28, 2018 We are looking at buying more of NLYPRF.  The link to the original post is pasted below. This position is going ex-dividend today paying a very nice 43 cent dividend. The limit order is placed at $24.75 but it looks like we may have to change this to a limit buy at […]

February 26. 2018 Update:  We were finally filled on the KCAPL order.  Sometimes patience pays out. MOVIES:  Annihilation. If you need a sleeping pill then head for this disaster.  Probably one of the worst movies you will ever see.  Who finances this crap.  Do they really expect to make a profit. _____ WE do NOT […]

If you are employed full time, as about 127 million Americans are, each of you owe $163 thousand dollars (above and beyond the taxes you are already paying) to square up America’s accounts. You can quadruple or quintuple that debt per employee if we are to account for America’s massively unfunded liabilities. And to gauge […]

February 20, 2018 Update Feb 22:  KCAPL is in the Core Portfolio.  We have placed an order for $25.07 which would ADD to our position.  This order may NOT get filled as pricing has been going up three days in a row. Update:  Incredible demand for SOHOK closing at $25.70.  We continue watching in hopes […]

February 16, 2018 Several years ago, we started buying a few ‘distressed’ super junky individual corporate bonds.  So far we have been successful. These bonds are rated CCC but they offer very high returns ie 15%.  We had very good luck with a ‘satellite’ bond which was sold at a very nice profit. Of course […]

Valentines Day MOVIES:  The reviewers really trashed the new Fifty Shades movie.  So we were not expecting much.  This could have been the worst movie in history and we would have probably liked it.  Surprisingly this is a much better flick than the reviewers would lead you to believe. _____ We are STILL trying to […]

February 12, 2018 UPDATE   Placed Limit Order at $21.02 for UTF.  May NOT get filled.  We are going to watch and may buy around $21.40-$21.50 depending on the action.  On TCCA still waiting for a probable fill. We go for years and never see a pull-back or correction.  And yet investors think the world […]

February 9, 2018 We are continuing to sell low yielding (3-4%) corporate bonds that were purchased before we started the blog (not listed in the Core Portfolio)…with the intent to buy higher yielding investments when and if this correction is over.  Their prices have been declining altho we are seeing small profits since we purchased […]

February 8, 2018 We SOLD two of the corporate bonds in the Core Portfolio:  ARES and Aflac. They were paying 3+% yield which was low and they were declining in price due to potential higher interest rates.  (But we did sell at a higher price than we paid, and we also have been getting the […]

February 7, 2018 We already own a SMALL position in UTF:  Cohen and Steers Infrastructure Fund. This closed end fund invests in utilities, toll roads, airports, pipelines and many more.  In fact it’s largest holdings include Crown Castle, EnBridge, American Tower and Kinder Morgan:  ALL OF WHICH WE ALREADY OWN AS INDIVIDUAL CORPORATE BONDS IN […]