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TANO TRAVELCENTERS OF AMERICA 8% BUY

December 19, 2014

To View Current Positions Go To Core Portfolio

TravelCenters is offering a very nice conservative investment that offers 8%.  There are not many investments that can give you relative safety and still offer a very high yield.
You should buy a small position in TANO UNDER $25.00.  This is debt (bonds) and callable in 2017.
These mini bonds are essentially corporate bonds that trade on the open market.   They mature at the $25.00 price so you do not want to pay more than $25 when buying.  There is a very small chance of losing money in this type of bond as long as you buy quality Companies….and these are individual bonds, NOT bond funds.  Do not buy bond funds, with some exceptions that we have in the Core Portfolio.
 
PR below:
December 9, 2014
 
TravelCenters of America LLC Prices $120.0 Million of 8.00% Unsecured Senior Notes Due
2029 WESTLAKE, Ohio
 
(NYSE: TA) today announced that it has priced a underwritten public offering of $120.0 million of 8.00% unsecured senior notes due December 15, 2029 (“Notes”).
 
TA intends to use the net proceeds from the offering for general business purposes, including acquisitions and construction of additional travel centers and convenience stores, funding capital improvements to its travel centers and convenience stores and other expansion activities. The settlement of the offering is expected to occur on December 16, 2014 subject to customary closing conditions. TA granted the underwriters an option to purchase up to an additional $18.0 million of additional Notes within 30 days solely to cover overallotments, if any. TA intends to apply to list the Notes on the
New York Stock Exchange under the ticker “TANO” and, if approved, expects trading to begin within 30 days after the original issue date of the Notes
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BUY NTG IN IRA ACCOUNT 6%

December 19, 2014

To View Current Positions Go To Core Portfolio

TORTOISE MLP FUND INC (NTG) is a Closed End Fund that has significant holdings in natural gas and exclusively holds pass-through stocks.  I like that because you can hold NTG in your IRA.  I suggest you buy at any price close to $27.09

Under normal circumstances, the fund will invest at least 80% of total assets in equity securities of MLPs in the energy infrastructure sector, with at least 70% of total assets in equity securities of natural gas infrastructure MLPs. For purposes of these policies, the fund considers investments in MLPs to include investments in affiliates of MLPs. Energy infrastructure MLPs own and operate a network of pipeline and energy-related logistical assets that transport, store, gather and process natural gas, natural gas liquids (NGLs), crude oil, refined petroleum products, and other resources or distribute, market, explore, develop or produce such commodities. Natural gas infrastructure MLPs are defined as companies engaged in such activities with over 50% of their revenue, cash flow or assets related to natural gas or NGL infrastructure assets. The intends to focus primarily on midstream energy infrastructure MLPs that engage in the business of transporting, gathering and processing and storing natural gas and NGL infrastructure assets. We may invest up to 50% of our total assets in restricted securities, primarily through direct investments in securities of listed companies. The fund will not invest in privately held companies.

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Everybody and their brother know that the unemployment numbers reported by our corrupt government is pure fantasy.  But few agree on exactly what the number is.  ShadowStats is reporting 23%.  Now you know why the Fed is not increasing interest rates.

shadow-stats

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WOW  Younger readers will not remember Liberace.  He was huge-many years ago lol.  They are planning on doing a 3d hologram show in Vegas featuring Liberace.  Can’t wait!!!!!!  Yes I’m showing my age.

Entertainer Liberace  is seated at his piano in his Beverly Hills home in California on June 17, 1961.    Liberace's home is reported to have 28 rooms.

LINKS:

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SANTA CLAUS RALLY UNDERWAY

December 18, 2014

To View Current Positions Go To Core Portfolio

(Update:  The low bond rates are telling us that the economy is lousy.  And the Fed’s reluctance to raise rates is telling you the same thing….if the economy was good, which the lying Govt wants you to believe, they would be raising rates.

For now hold all positions…..they will probably not be raising rates for a long time which is great for us.  Earn your dividends while they maintain these very low interest rates.).

If you did not buy HDLV when I suggested it on November 25. you should buy right now…here is what I said:

HDLV the ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN invests in huge well known dividend payers like AT&T and Conoco.

Anytime you start talking about leverage and Exchange Traded Notes, you are talking increased risk.  So I suggest you buy small amounts and watch how this thing acts.  I am placing this in our ‘going to Vegas’ category.  BUT HDLV is invested in big well known Companies and I sincerely doubt we will encounter any problems.  With low interest rates expected to continue for years to come, I think the market will trend higher……all of which supports this position.

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The liberal press is praising Obammer as a hero with his new found friend in Cuba.  What a bunch of bull crap.  Now people think about it.  Why would Cuba, after 50 years, all of a sudden want to get in bed with the USA?  Because their primary trading partner, Venezuela.is collapsing—they are going into default.  Cuba has no choice.  It is great that the Cuban people will benefit….but don’t praise this moronic President for something that fell in his lap.

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FUNNIES:  Heard today:  The New York Times is a press release outfit for the White House.

LINKS:

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PANIC

December 16, 2014

To View Current Positions Go To Core Portfolio

Yesterday I mentioned that Russia was being targeted in this oil travesty.  Well guess what.  Today………….Russia is finding itself in a pickle, as my mother would say.  The financial media will give you the gory details.

Russia’s Ruble Crisis Is Following The Same Pattern That Destroyed The Soviet Union

We are now seeing panic in the streets and it appears the markets will continue the decline.

If you want to hedge your portfolio consider ProShares Short S&P 500  Symbol SH

With SH you are betting the market will decline.  You are Shorting………..a risky venture.  This is an ETF that will short for you, you do not have to know the tactics of shorting in your account.  You want SH to go UP, as this is an inverse.

I may buy some SH today.  But this whole thing will blow over and I suggest not selling any of your investment positions.  Yes you will have to endure severe pain while this unfolds.

From seekingalpha.com:

“That’s why their gambit will fail. Either OPEC will have to reduce supply to see prices recover or (at least some of) their regimes will fail. Either way, oil prices will rise again. More importantly, all along, US and international integrated oils will cut back on drilling, also reducing the supply, and will find ever-cheaper ways to produce the product, creating an entire new supply-demand paradigm.

In September we sold VNR at a profit.  It has collapsed and I am watching to buy, probably within the next month when the technicals look good.

AMYGF is on sale………….BUY

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BUY GOV. HOLD OIL

December 15, 2014

To View Current Positions Go To Core Portfolio

It is becoming apparent that the oil collapse is a coordinated effort to hurt select oil producing nations, specifically Russia.

Now a collapse in oil prices – down 45% since June – has become primary cause of Russian pain. “This just looks ugly, period,” said Jonathan Anderson, of Emerging Advisors, in a recent note to clients.

Jacob Nell, of Morgan Stanley, said: “Since oil and gas account for 67% of Russia’s exports and 50% of federal budget revenues, oil prices drive the country’s economic cycle.”

This is great as we fill up our cars at cheap prices, but devastating for oil investors.  So what’s my point.  When ‘they’ have decided that sufficient harm has been inflicted on the targeted countries, oil will return to market pricing.  HOLD all oil positions and collect the dividends.

Do you remember this?……..

From July 2008 to December 2008, the price of a barrel of oil fell from $145 to $34 – a 77% plunge. Anyone trying to “pick a bottom” on the way down got crushed.

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In December of last year, I suggested you buy GOV.  You can get GOV at a good price right now……….buy or add to positions…..I pasted the copy below:

There is a position that I suggest you look at.  Government Properties Trust (GOV) pays almost 7%.  I know you don’t want to hear anything about the government right now, but in this case, it’s a good thing.  Here is a short description of GOV from seekingalpha.com:

“GOV has a $1.7 billion investment portfolio (historical investment basis) with 84 properties in 31 states and Washington D.C. containing 10 million square feet. The tenant mix includes 34 U.S. Government agencies, 27 state government agencies and the United Nations. Around 94% of annualized rental income is paid by the U.S. Government, 10 state governments and the United Nations.”

Essentially GOV is a REIT that leases space to the government…….. and Uncle Sam pays his bills!!  I have owned GOV forever and I suggest buying up to 4% of your portfolio.  If you want more information, there are a number of good articles on seekingalpha.com which talk about GOV.

LINKS:

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AND THE CRYSTAL BALL SAYS………….

December 11, 2014

To View Current Positions Go To Core Portfolio

(Update:  Amaya is one of our goin to Vegas holdings.  It got hit hard this week.  If you own a small position as I recommend I suggest you hold it….for now.  We are waiting for more info.  This could be an excellent stock and I don’t want to sell right now.)

MONTREAL — Shares in Amaya Inc. sank 18 per cent Friday after the company confirmed that Quebec’s securities regulator has launched an investigation into trading activity surrounding the acquisition of PokerStars, which transformed Amaya into the world’s largest online poker company.

(Update:  Boner (ok……House Speaker John Boehner (R-Ohio)) sold out the Republican Party last night.  I hope they get rid of him.)

(Update Friday:  I think the mutual funds and hedge funds will start buying to make up for their lagging performance this year……..which will send markets UP.  I am waiting for a ‘double bottom’ on the charts.)

OUCH…this is not fun.

We are watching with shock at the plummeting stock market.

Well, today I’m pulling out my trusted, never wrong, crystal ball to see what it says about the future of our investments.

And the news is good.  What you say? How can that be.

Yeah folks, this is probably a normal run of the mill pullback, and I would not be surprised to see a Santa Claus rally coming up.  I look at the technicals and unless things really fall apart, which is unlikely, we are ok.  If you want to buy positions, I would start looking for entry points within the next week or two.

Barring some catastrophic event I doubt we are seeing a collapse of the markets.  As long as they keep interest rates very low, the markets should turn around and head up.

Bottom Line:  Hold all positions.

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If you got a bill from Uncle Sam for $56,000, would you be mad?  Do you have $56,000 in your back account to pay the bill?

Well that is what you owe due to outrageous spending by the corrupt government officials.  The National Debt is now $18 TRILLION dollars.  Are you angry now????

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You won’t see this on CBS News.  FUNNIES from National Enquirer:  President Obama’s Christmas has turned into the holiday from hell after a furious First Lady Michelle discovered his secret love nest!

In a White House world exclusive, The National ENQUIRER has learned the couple’s marriage may end in divorce before Barack finishes his second term.

“Michelle found out about his secret love nest and exploded in fury!” a White House insider told The ENQUIRER. “Despite the happy public face the family is putting out, it’s created the holiday from hell!

“In early December, Michelle confronted Barack about a secret location he’s been using to meet up with women. She verbally ripped him to pieces. Barack didn’t have much of a comeback. He knows he’s been ratted out.”

Multiple insiders confirmed to The ENQUIRER that Obama’s secret love nest is the swanky Jefferson Hotel, located a few blocks from the White House. “The ‘commander-in-cheat,’ as he’s known at the place, comes and goes so frequently that some hotel staffers call the door he uses the ‘Barack entrance,’” the insider 
divulged.

“It’s easy for the president to get to and best of all, it has a secret entrance so he can come and go discreetly,” the insider divulged.

“The hotel’s private wine cellar features a door used for inconspicuous egress.”

According to the hotel’s website, the deluxe suites “afford city views of Washington, D.C.,” and they feature Italian marble bathrooms!

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Economy is getting better?  Oh really?  From Kinsey”

  • 40 percent of the consumers we surveyed said they are coping with the challenge of living paycheck to paycheck, up from 31 percent in 2012.
  • Today just 23 percent say they are optimistic about the economy, down from 27 percent at the beginning of the recession in 2009.
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AFB BUY 6.4%

December 9, 2014

To View Current Positions Go To Core Portfolio

We purchased the BlackRock National Closed End Municipal Bond Fund MYI.on December 1.  It is doing rather well, so far.

This fund goes ex-dividend on December 10 and we should see a price pullback.  Wait for a few days to see what happens.

If you do not own MYI I suggest you buy a little.  If you do own it, I would add to the position.  (A price pullback is not a certainty…..if the demand is strong and the price stays up, I suggest you still buy it.)

Another selection you can look at is AFB:  AllianceBernstein National Municipal Income Fund

AllianceBernstein National Municipal Income Fund, Inc is a closed-ended fixed income mutual fund launched and managed by AllianceBernstein L.P. The fund invests in the fixed income markets of the United States.

https://www.alliancebernstein.com/abcom/Product_Center/3_Vehicle/MF/ClosedEnd/AllianceBernstein_National_Muni_Income.htm

AFB went ex-dividend on December 3, pulled back, and is already heading up.  You could buy today.

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