Archive | August 2018

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TCCA REDEEMED. BUY EHT.

August 30, 2018.  TCCA a holding in the Core Portfolio has been redeemed:  we had been anticipating this for months.  This was a large position for us, and we will be plowing it back into investments, at least while things are good.  Eventually, we do not know when, this market will stall.  But until then […]

TVC, CTL. MIC

  August 27, 2018.  If you are a risk averse, conservative investor who is willing to take a lower dividend rate in return for a much higher quality investment, look at TVC baby bonds from the Tennessee Valley Authority.  (We own individual corporate bonds from TVA.) TVC pays 3.65% and matures in 2028.  IF you […]

SOME BIG WINNERS. BUT DONT BE COMPLACENT.

August 23, 2018.  The bike is in the shop for repairs (:  It is an absolutely beautiful day in Chicago and we try not to miss any opportunity to get outside.  But when you don’t have any brakes, there is not much you can do!!  Fall is definitely in the air. _____ We have some […]

NEW BUY

August 20, 2018 NOTE:  Atlas is owned by Targa. We are buying a Corporate Bond from Atlas Pipeline, owned by Targa.   CUSIP:  04939MAL3 The bond is ‘on sale’ and pays 5.3% if held to maturity in November 2021.  Go to the link below for the full article. Targa Resources (TRGP) reported its second-quarter earnings […]

BUY, HOLD, AND COLLUSION

August 16, 2018 On August 10, we suggested you look at AWF.  Today we saw a positive article and have provided a link below to the full article.  BUY. AllianceBernstein Global High Income Fund (NYSE:AWF) AWF seeks “a high level of current income, with a secondary objective of capital appreciation. The fund will invest globally […]

FR IS A DUDD. GO AWAY MUELLER

Update:  We mentioned IHIT the other day.  It may still come down to our buy price of $9.85.  Keep you buy limit order in place. August 15, 2018.  We did NOT buy FR First Industrial Realty for the dividend.  It only pays 2.68%. We DID buy FR for the potential capital appreciation—-which is an unusual […]

ULTRA LIBERAL SOCIALIST LATE SHOW RATINGS SLIDE. LOOK AT IHIT. SHARK MOVIE.

August 13, 2018.  We bought IHIT in December.  It has been stable, paying 6%.  It is going ex-dividend today, paying five cents per share.  IHIT usually drops to around $9.83 after going ex-div. We suggest a BUY LIMIT order at $9.85, and just WAIT for the price to drop, which may take a few days. […]

AWF. BUY.

August 10, 2018.  AWF is ON SALE.  And that is when you buy. This closed end fund is trading at a 13% discount to its NAV. The bonds are selling for 87 cents on the dollar. As described below, the majority of the bonds are foreign. The technicals look great, with momentum moving UP.  Pays […]

CORE PORTFOLIO CONTINUES TO PERFORM DURING SUMMER DOLDRUMS

August 9, 2018,  Within the five FAANG stocks, only two actually PRODUCE or MAKE or MANUFACTURE anything…..  Apple and Netflix make phones and movies. Facebook, Google, and Amazon don’t make a damn thing.  They merely circulate food pictures, news, and ship products.  What a sorry situation. _____ NGLPRB, a Core Portfolio holding for over a […]

FAKE NEWS INSANITY CONTINUES

August 7, 2018.  The hate directed toward Trump is becoming laughable.  They seem to have forgotten the liberal Democrats of the past:  Bill and Monica…..Obama’s ‘you get to keep your doctor’ lies…….The Hillary lies and corruption that we have seen for decades.  (Or we can go way back to Jack Kennedy and Ted Kennedy)  What […]