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TRUMP as DRAMA QUEEN, or DRAMA KING

July 26. 2017

The American Public is learning what it’s like having a drama queen as a President.  Talk about melodrama.  Between caustic tweets, firings, and the fake news media….it just doesn’t get any better.  Everyday you have a Saturday Night Live skit in the media.

And now, believe it or not, you have Kid Rock entering the fray.  And the Dems are concerned!!  If Trump can get elected, you have to believe Kid can win as a Republican.  (he identifies as a Libertarian but would run as a Repub).  According to the one poll that has been done, he is LEADING over the democratic Senator.

With America collapsing under Trillions of debt, rampant obesity, drugs killing our kids, individual States like Illinois going bankrupt, ten of millions on food stamps and disability, Social Security running out of money:  we have the House and Senate corrupt queens in Washington DC who cannot get anything done.

TRAVESTY.  How did we get to this point?  Americans voted for change by electing Trump. 

It remains to be seen if change comes.

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If you listen to the fake media, you would think Trump is dead.  According to Reuters, MORE voters would vote for Trump again, an improvement.  The link to the full article is below:

Eighty-eight percent said they would vote for Trump again, a slight improvement over the May figure of 82 percent. Taken together, the polls suggest that Trump’s standing with his base has improved slightly over the past few months despite his Republican Party’s repeated failures to overhaul the healthcare system and multiple congressional and federal investigations into his campaign’s ties to Russia.

http://www.reuters.com/article/us-usa-trump-poll-idUSKBN1A5127

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Can you believe this???  Over 42 MILLION on food stamps.  And they tell us the economy is so great.  Lets say that again:  your taxes are paying for 42 MILLION.

USDA statistics on Supplemental Nutrition Assistance Program (SNAP) participation showed that 42,609,852 people in the U.S. took part in the food stamp program in fiscal year (FY) 2017, the lowest level it has been since 2010 when 40,302,000 people enrolled in the program.

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PRETTY GOOD RESULTS SO FAR THIS YEAR

July 21, 2017

The rains continue here in Northern Illinois and now the rising flood waters are in the boat house.  This is starting to get serious.  Even the bike path that we follow everyday is now flooded. 

As the concerns with approaching waters are scary, we continue evaluating the Core Portfolio positions.

So far this year through June we have just a hair under 5% Total Return on the Core Portfolio….which is portfolio appreciation AND dividends.  We could anticipate a 10% return for the year, which is not bad.  So we continue to work diligently in keeping those dividends coming in.

Searches this week for potential new positions have resulted in…..one buy.

We had some positions going ex-dividend this week which can give us the opportunity to add or buy.  Those possibilities did not open up as we had hoped.

We continue in the Summer doldrums, altho we did make the one purchase this week.  Several dividend payments rolled in, so as we often say, dividend investing is really no fuss, no muss.  Just buy…..and wait for the money to roll in.  No need to watch the stock market every minute. 

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BXMT LOOKS GOOD AT 8%

July 18, 2017

BXMT has been a very steady performer this year.  The price in January was $30.91 and today the price is $30.96….basically flat.  It got ahead of itself in June getting up to $32.00 but then paid a huge dividend and the price has now come back down….this presents you the opportunity to BUY.  The 8% yield is very attractive!!!!!

Here is some copy from an article that we saw in SeekingAlpha.com.  You can also go the link below to read the entire article.

Blackstone Mortgage Trust, Inc. (NYSE:BXMT) makes a compelling value proposition. The real estate finance company has strong core earnings originating from its investment portfolio, and Blackstone Mortgage Trust has had robust dividend coverage for a high-yielding income vehicle. What’s more, Blackstone Mortgage Trust should be able to grow its net interest income in a rising interest rate environment based on its large exposure to variable-rate loans.

https://seekingalpha.com/article/4077751-buy-8_0-percent-yielder-upside-high-yield-income-portfolio

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Did anyone watch Game of Thrones?  What a snore-fest.  This hass has to be the most boring Games episode we have seen.  On the other hand the movie The Planet of the Apes is pretty good.  The special effects (for face movements) is what everybody is talking about and the story line is ok.  We are NOT huge fans of the Apes series but the flick is worth seeing.

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Can you believe those idiotic Republicans can’t even pass the healthcare bill.  What a bunch of losers.  Why don’t they just let ObammerCare fail, and try to do something next year.  As big supporters of Trump, we are very sad to see him failing so badly.

Speaking of failing, we are reading that the Illinois pension plans will fail in 4 years.  Another sad illustration of corrupt government.

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Is anyone surprised at this???……………..

The «Monthly Harvard-Harris Poll: June 2017» is the latest poll in that series, and it scientifically sampled 2,258 U.S. registered voters, of whom (as shown on page 30) 35% were «Democrat», 29% were «Republican», and 30% were «independent»).

It indicates (page 24) that 37% «approve» and 63% «disapprove» of «the way the Republican Party is handling its job».
 
It also indicates (page 25) that 38% «approve», and 62% «disapprove», of «the way the Democratic Party is handling its job».

http://www.zerohedge.com/news/2017-07-17/poll-americans-massive-disapproval-both-parties

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BUY OR ADD TO THESE CORE PORTFOLIO POSITIONS

July 14, 2017

We recently suggested you look at CLNS and it is in the Core Portfolio.  Yesterday we saw this very positive article on CLNS from http://www.moneyshow.com.  We had held this position for a long time (before adding to the Core Portfolio) and really took a beating as they went through some bad times.  In fact we are still underwater.  But it appears things are turning around.  (Scroll down for a second review.  You can buy these OR add to positions.)

Colony NorthStar (CLNS) is a better value today than when we initially recommended it was last month; the he quarterly dividend was recently raised 12.5% and the REIT now offers a 7.7% dividend yield, explains Ian Wyatt, editor of High Yield Wealth.

Colony NorthStar owns a global real estate portfolio composed of industrial, health care, and hospitality properties. Colony NorthStar also has an investment arm.

The investment business holds $56 billion of assets under management. It invests in public securities, private-equity partnerships, single-family rentals, commercial loans, and direct property and net-lease assets.

Given that Colony NorthStar has existed in its current incarnation for only six months and it’s revamping the business, year-over-year comparisons offer little direction. With that said, management appears to be moving in the direction to create value.

 
REITs are valued on their dividends, and dividends are supported by funds from operations (FFO) — the key cash-flow metric. Colony NorthStar pays a $1.08-per-share annual dividend, which offers a 7.7% yield.

Management expects FFO to land between $1.40-and-$1.58 per share in 2017. Given the present FFO coverage, Colony NorthStar has the financial wherewithal to not only maintain the dividend but to increase it generously.

 
We can say that Colony NorthStar shares are cheap -– absolutely and relatively.  They trade at less than 10 times the forward FFO multiple. Cheapness has attracted a lot of institutional buyers in recent months.

Notable buyers include Vanguard Group, which bought 68.5 million Colony NorthStar shares; Baupost Group, led by value-investor guru Seth Klarman, bought 29.2 million; BlackRock bought 23.2 million shares to increase its holdings to 30.9 million.

A lot of institutional investors have boarded the Colony NorthStar bandwagon. In the first quarter, 222 institutions bought new positions in Colony NorthStar stock.

 
It is time for us to join the institutional crowd. Colony NorthStar shares are cheap, and that attracts smart institutional investors. It should also attract smart individual investors.

Once news of Colony NorthStar’s cheapness reverberates with the general investing public, you can be sure they won’t remain cheap for long. Suggested Action: Buy Colony NorthStar shares up to $15.

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We ALSO saw another review of Core Portfolio holding MIC.  Go to this link if you want to read it.

https://www.moneyshow.com/articles/guru-46447/macquarie-high-yield-in-infrastructure/?&pg=2

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UNEMPLOYMENT 23%

July 13, 2017

We have been flooded here in the Chicago area and yesterday we were scrambling to save our little 14 footer.  Located on a river and having experienced this many times in the past, we have learned to live with it.  But it does make you appreciate the tragedy of the many friends and relatives who have experienced nature’s wrath in New Orleans and Florida.

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We get so sick and tired of listening to the Old Grey Haired Lady at the FED talking about “full employment”.  Here is the real status.  If you want to read the detailed and boring report, click on the link below.

Graph 1 reflects headline May 2016 U.3 unemployment at 4.69%, versus 4.98% in April 2016; headline May 2016 U.6 unemployment at 9.73%, versus 9.71% in April; and the headline May 2016 ShadowStats unemployment estimate holding at 23.0%, up from 22.9% in April.

http://www.shadowstats.com/article/c810x.pdf

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Illinois kicks the can down the road, again.

As expected the Illinois corrupt ultra liberal politicians and even some of the Republicans, raised the taxes to avoid a financial collapse.  Do the citizens react?  Of course not.  The sheep will only riot in the streets when the State cannot give them their pensions and disability payments.  That may not be too far off.  What a disgrace.  Illinois leads the nation in people moving OUT:  maybe we need to join the exodus.

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Biased pollsters still pushing out biased polls:

Rasmussen, for example, since Jan. 20, 2017, has tracked Trump’s approval ratings between 42 to 57 percent, based on “likely voter” responses. By contrast, Gallup, polling “adults,” has reported Trump’s approval numbers hovering between 35 to 46 percent, a difference of as much as 11 percent.

http://dailycaller.com/2017/07/09/exclusive-uh-oh-pollsters-are-screwing-up-again/

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ALLIANCE ONE: HIGH RISK BOND BUT 13.8% YIELD TO MATURITY

July 10, 2017

We are looking at some HIGH RISK corporate bonds.  Buy these only if you have a large portfolio and are willing to take the risk……altho we really doubt having any problems with these tobacco bonds.

Some people may have issues with investing in ‘addictive’ substances, but as long as they are legal, we will take the 13.8% yield.

Alliance One International is a leading independent leaf tobacco merchant serving the world’s cigarette manufacturers. Based in North Carolina, this leading independent leaf tobacco merchant provides worldwide service to cigarette manufacturers. Multinational manufacturers of consumer tobacco products rely on independent merchants such as Alliance One to supply the majority of their leaf. Alliance purchases tobacco in more than 45 countries and serves manufacturers of cigarettes and other consumer tobacco products in more than 90 countries.

Alliance One is one of only two global publicly held leaf tobacco merchants. It holds a leading position in most major tobacco growing regions in the world, including the principal export markets for flue-cured, burley and oriental tobacco. As a result of this global scale, Alliance is well positioned to provide its product to manufacturers of tobacco products all over the world.

Go to the link below to get a detailed analysis of the bonds.

CUSIP:  018772AS2.  Maturity July 2021.  NOTE:  You should plan on holding corporate bonds to maturity.

http://bond-yields.com/collect-13-9-ytm-with-alliance-one-international-july-2021-bonds/

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MOVIES:  I guess we are not the target audience for Spider-Man.  What a boring piece of trash.  It is making a lot of money but we suggest you pass.  Of most interest is the new Star Trek TV series, if we can figure out how the hell to subscribe to the CBS All Access….all this technology is frustrating to us.

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“BOO HOO” FOR CNN. OMEGA STILL GOOD FOR BUY.

July 7, 2017

We already own the Omega Healthcare Investors Corporate Bond in the Core Portfolio.  You can STILL buy this bond if you did not purchase when we did, OR if you want to add to the position.

This high quality bond is paying 4.2% which is ok considering the low-rate environment we are in.

CUSIP:  681936BD1

GO TO CORE PORTFOLIO to see current positions.

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Viewers are FINALLY starting to dump fake news CNN:

CNN has fallen to #13 in cable TV rankings, according to weekly numbers posted on Thursday by TV Newser.

The ratings slide comes as the network has come under heavy scrutiny for a variety of journalistic missteps, including the retraction of an article alleging that a Trump associate had illicit Russian business ties.

Fox News and MSNBC are listed as first and second, respectively, in the cable rankings, which measured average audience sizes for the period between June 26 and July 2. Fox News drew an audience of around 1.82 million while MSNBC drew an audience of 1.34 million. CNN had only 711,000 viewers on an average day during the measurement period.
Fox News has maintained the top spot over the past five TV Newser rankings analyzed by The Daily Caller. MSNBC has bounced between the second and third position while CNN has steadily fallen from sixth to thirteenth over the past month.

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