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PSAPRD. NEW PREFERRED FROM PUBLIC STORAGE.

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July 19, 2016

UPDATE:  PSAPRD is the ticker.

Public Storage is a strong and safe REIT.  They have just issued a new preferred at 4.95%.  Many advisors and investors would not be interested in the “low” rate, but we like this issue for the safety and relatively good yield–compared to getting virtually nothing on CDs and almost nothing on Treasuries.

We already own one Public Storage issue.

PBSDP is the temporary ticker and we suggest buying at any price under $25.00.  As we write this the price is $24.85.

Public Storage is an American international self storage company headquartered in Glendale, California that is run as a real estate investment trust. It is the largest brand of self-storage services in the US.

https://www.publicstorage.com/

REMEMBER if rates start to rise significantly over the next year or two we will sell this issue.  Preferreds are good until rates rise……..

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STAR TREK opens this week.  Can’t wait!!!!!!

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BOOKS Crisis of Character by Byrne.  We were looking forward to reading yet another tome about the corrupt Clintons.  Unfortunately most of the book is filler and very little talks about the Clintons.  Borrow from your library but do not waste your money on this rip off.

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I have never heard this said as simply or as well.
The folks who are getting the free stuff don’t like 
The folks who are paying for the
 free stuff, because 
The folks who are paying for the
free stuff can no longer Afford to pay for both the free stuff and  their own stuff.

And the folks who are paying for the free stuff
Want the free stuff to stop.
And the folks who are getting the free stuff want even more Free stuff on top of the free stuff they are already getting!

Now… The people who are forcing the people who pay 
For the
 free stuff have told the people who are RECEIVING 
The 
free stuff that the people who are PAYING for the Free stuff are being mean, prejudiced, and racist.

So… The people who are GETTING the free stuff have been convinced they need to hate the people who are paying for the Free stuff by the people who are forcing some people to pay for their free stuff and giving them the free stuff in the first place.

We have let the free stuff giving go on for so long that there are now more people getting free stuff than paying for the Free stuff.

Now understand this.  All great democracies have committed financial suicide somewhere between200 and 250 years after being founded.
 
The reason?

The voters figured out they could vote themselves money from the treasury by electing people who promised to give them money from the treasury in exchange for electing them.

The United States officially became a Republic in 1776, 238 years ago.

The number of people now getting free stuff outnumbers the people paying for the free stuff.

Failure to change that spells the end of the United States a
s we know it.

Please take our ten second POLL 

GO TO Core Portfolio for current holdings===WARNING:  MOST OF OUR POSITIONS ARE INTEREST RATE SENSITIVE.  IF RATES GO UP QUICKLY WE WILL WANT TO START SELLING.

All positions were purchased at specific prices and are on HOLD and should not be purchased now unless otherwise indicated.

Go here to see our suggested financial websites.

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TAKING RISK WITH SOME SPRINT CORPORATES

July 18, 2016

Sprint has some high risk bonds that offer 9.67% if held to maturity.

Altho they are rated risky it is extremely doubtful that Sprint is going to go broke before 2023 when they mature.  Of course that is our opinion.  In our case we are willing to take the risk for the very high yield.

When buying corporates you have to believe with some certainty that the business will be a going enterprize until maturity.  Sprint is a huge company and is doing quite well.

We suggest buying very few bonds to be held in the “riskier” side of the portfolio.

CUSIP 85207UAF2

Maturity September 2023

Here is some information from SeekingAlpha.com:

Sprint has a $19.9 billion market cap (versus T at $263.6 billion, TMUS at $34.4 billion, and VZ at $227.1 billion) but is backed by Japanese telecommunications giant SoftBank Group Corp. (OTCPK:SFTBY) which has a $68.8 billion market cap. SoftBank bought an 83.4% stake in Sprint via two 2013 transactions. It paid $39.9 billion and is deeply motivated to secure the US carrier’s future success and deeply involved in its operational plans. The decision by SoftBank Chairman and CEO Masayoshi Son to continue running SFTBY indicates future support for Sprint, another factor behind Sprint’s improved stock price.

Please take our ten second POLL 

GO TO Core Portfolio for current holdings===WARNING:  MOST OF OUR POSITIONS ARE INTEREST RATE SENSITIVE.  IF RATES GO UP QUICKLY WE WILL WANT TO START SELLING.

All positions were purchased at specific prices and are on HOLD and should not be purchased now unless otherwise indicated.

Go here to see our suggested financial websites.

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SHOCKER: LIBERAL NEW YORK TIMES SUPPORTS TRUMP

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July 14, 2016

Another shocker from Rasmussen Polls:

The latest Rasmussen Reports weekly White House Watch survey of Likely U.S. Voters finds Trump with 44% support to Clinton’s 37%. Thirteen percent (13%) favor some other candidate, and six percent (6%) are undecided.

The full NYT Op-Ed is below:

Justice Ruth Bader Ginsburg needs to drop the political punditry and the name-calling.

Three times in the past week, Justice Ginsburg has publicly discussed her view of the presidential race, in the sharpest terms. In an interview with The Times published Sunday, Justice Ginsburg said, “I can’t imagine what the country would be — with Donald Trump as our president,” joking that if her husband were alive, he might have said, “It’s time for us to move to New Zealand.”

Earlier, in an interview with The Associated Press that appeared on Friday, when asked to consider a Trump victory, Justice Ginsburg replied, “I don’t want to think about that possibility, but if it should be, then everything is up for grabs.”

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July 11, 2016

HTGZ.  We have an order in for $25.20.

GGN-GOLD.  We suggest buying:  scroll down for additional comments.

The demand for income investments is driving prices higher.  Many of our recent buys are going thru the roof.  We suggest buying HTGZ-listed above- up to $25.30 when it goes ex-dividend Wednesday. 

We are finding NO corporate bonds that are paying anything and the mini bonds that we own have appreciated to the extent that we cannot even add.

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A new Rasmussen Reports national telephone and online survey finds that just 22% of Likely U.S. Voters agree with Obama’s statement that “there has never ever been any man or woman more qualified for this office than Hillary Clinton.” Sixty-five percent (65%) disagree with the president’s statement. Thirteen percent (13%) are undecided.

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We have been telling you for many months to buy gold.  Our favorite financial guru is the “new bond king” Gundlach and we have pasted his current comments below.  We own several of his funds.

Our only gold holding is GGN Gamco Global Gold Natural Resources which pays a very nice dividend. (13%)

“But if Gundlach is staying away  from both the broader equity market, as well as bonds, and as he adds “there are better ways to speculate”, where is he allocating funds now – what are those ways? His answer:

“Gold miners have a very high probability—if you bought them today and were disciplined—of making 10%. One of the things driving markets lower is a declining belief in—and enthusiasm for—central-planning authorities and the political establishment. In this environment, gold is a safe asset. There’s an 80% chance of making 10% in gold; the probability of a 10% gain on Treasuries is 20% at best. I’ve never seen a worse risk-reward setup. “

http://www.zerohedge.com/news/2016-07-10/gundlach-reveals-his-portfolio-which-outperforming-everyone-elses

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Please take our ten second POLL 

GO TO Core Portfolio for current holdings===WARNING:  MOST OF OUR POSITIONS ARE INTEREST RATE SENSITIVE.  IF RATES GO UP QUICKLY WE WILL WANT TO START SELLING.

All positions were purchased at specific prices and are on HOLD and should not be purchased now unless otherwise indicated.

Go here to see our suggested financial websites.

 

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HTGZ. 7% COUPON. GGN (GOLD) IS A BUY.

July 7. 2016

(Update:  The Southern Copper Corp. Bond that we bought only five months back has exploded in value.  It may be appropriate to sell this sucker and pocket the profits, but we foresee metals continuing their upward trends.  So we are still evaluating as to a possible sale.  Also have a huge gain in the Newmont Mining Corporate.  We also feel GGN our gold holding is a buy:  it pays a good dividend.)

Over the last two weeks we have been trying to buy income positions as they go ex-dividend….and the prices pullback.  But the demand for income is now so strong within the dividend seeking audience (due to the low interest rates), that buyers (many uninformed and do not know what they are doing) are driving the prices UP beyond what we want to pay.

But we keep trying.  Currently on the radar is HTGZ a baby bond that is going ex-dividend next Wednesday.  It should pull back to $25.20 which is a reasonable price in this environment.

———-We are placing a buy limit order at $25.20 but will pay UP to $25.30.

NOTE:  You can also buy the stock HTGC if you can handle the higher risk.

Hercules Capital is a Business Development Company that invests in lower-middle market US companies.

They focus on companies operating in the fields of technology, life sciences, and sustainable and renewable technology industries.   They are NOT in the oil and gas field.

The company provides financing in the form of debt investments such as senior secured debt, warrants, mezzanine and equity capital for acquisition and recapitalization, seed and early stage capital requirements.

Hercules Capital, Inc., formerly Hercules Technology Growth Capital, Inc., 7.00% Senior Notes due 2019, issued in $25 denominations, redeemable at the issuer’s option on or after 4/30/2015 at $25 per share plus accrued and unpaid interest, and maturing 4/30/2019. Interest distributions of 7.00% per annum ($1.75 per annum or $0.4375 per quarter) will be paid quarterly on 1/30, 4/30, 7/30 & 10/30 to holders of record on the record date which will be 1/15, 4/15, 7/15 & 10/15 respectively

Please take our ten second POLL 

GO TO Core Portfolio for current holdings===WARNING:  MOST OF OUR POSITIONS ARE INTEREST RATE SENSITIVE.  IF RATES GO UP QUICKLY WE WILL WANT TO START SELLING.

All positions were purchased at specific prices and are on HOLD and should not be purchased now unless otherwise indicated.

Go here to see our suggested financial websites.

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FREE COPY OF KIPLINGER INCOME NEWSLETTER. WATCHING NEWT TO BUY AT RIGHT PRICE.

 

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July 5, 2016

An EXCELLENT financial video from realinvestmentadvice.com:

 

July 2. 2016

The stock market is flat:

From realinvestmentadvice.com

Any action taken over the last two weeks has likely turned out to be wrong. The problem for investors remains that markets have made “no progress” over the last 13-months. While volatility has increased, returns on assets remain muted which continues to frustrates individuals.

Fundamentally and economically there is little cheer about and on a longer-term basis, as shown below, the markets remain in what appears to be a broadening market topping process.

July 1, 2016

The Clinton Foundation is ‘a vast, criminal conspiracy’ and ‘a slush fund for grifters’ with thousands of honest people who are victims after contributing their hard-earned money to what they believed would be used for philanthropic causes.

In truth, the money that was donated to help earthquake victims in India and Haiti and HIV/AIDs sufferers in the Third World has mostly enriched the Clintons and their friends through scams spanning the globe, claims author Jerome Corsi in his book, Partners in Crime: The Clintons’ Scheme to Monetize the White House for Personal Profit, which will be published in August.

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Kiplinger is giving free access to the May issue of their income newsletter.  We have considered subscribing in the past, and will review this copy. 

https://services.kiplinger.com/servlet/Show?WESPAGE=pm/Pages/load_order.jsp&WESACTIVESESSION=TRUE&PAGE_ID=DIR143242&MAGCODE=KV’

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Watching NEWT very closely for a buy.  The momentum is still DOWN but we will buy at the right price.

Please take our ten second POLL 

GO TO Core Portfolio for current holdings:  All positions were purchased at specific prices and are on HOLD and should not be purchased now unless otherwise indicated.

Go here to see our suggested financial websites.

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We have held a 15% cash position for many months.  Cash in King right now.

We have been telling you to stay out of stocks and the stock market has in fact been stagnant for a year:  up and down but going nowhere.  The Brexit decline has been relatively mild with a bounce back today–Tuesday.  In the meantime we have been collecting very nice dividends.

Bonds have been working well for us and there are two positions later this week that may set up for purchase.  Scroll down for some buys that we completed on Monday.

We look forward to seeing the Star Trek movie!!!!!!!

June 27, 2016

Markets are in turmoil.  We are NOT selling anything.  We suggest buying GGN (gold) for LONG term buyers.  There is one nice benefit for us as we go thru this Brexit mess:  it appears interest rates will not be increasing.  Good for our dividend investments.

Go here for holdings in Core Portfolio.

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Additions to LINKS page:

Recommended financial newsletter:

http://seekingalpha.com/author/rida-morwa/articles#view=regular_articles

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(UPDATE)

We ARE NOT buying data-center Stocks:  they are over valued.  But the bonds.

We are buying an additional data-center corporate bond today:

Cyrusone 6.37% maturing November 2022

CUSIP 23283PAB0

June 27, 2016

We are looking at two data center corporate bonds today.  We purchased Equinix and are in the process of trying to buy a second issue.

We suggest buying Equinix 5.37% maturing January 2022.

CUSIP 29444UAN6

Equinix, Inc. provides global data center offerings that protect and connect the world’s most valued information assets. Its professional services guide customers though complex information technology infrastructure changes and hybrid and multi-cloud deployments quickly and securely, while delivering continuous and reliable technical support. The company was founded by Jay Steven Adelson and Albert M. Avery IV on June 22, 1998 and is headquartered in Redwood City, CA.
Sector: Technology
Industry: Telecom Services – Domestic
Country: United States
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MOVIES:  Independence Day.  Surprisingly awful.  Stay away.
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Is your salary/income SIX times higher than 1964?

And, by the way, what is the true value of a $20 bill acquired in 1964 now? Using my App developed by the Federal Reserve Bank of Minneapolis, it would take $153.53 to buy goods or services costing $20 in 1964 or one could use a daily calculator: Inflation Calculator: Daily CPI since 1913 Without trying to depress myself too much, I entered my birth date in that calculator and learned that it would take over $92K now to buy $10K worth of goods and services on the date of my birth.

http://seekingalpha.com/instablog/434935-south-gent/4892411-update-portfolio-positioning-management-6-26-16
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LINKS TO USEFUL FINANCIAL SITES:  https://luvthosedividends.com/about/

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DATA CENTERS ARE “HOT”

June 27, 2016

We are looking at two data center corporate bonds today.  We purchased Equinix and are in the process of trying to buy a second issue.

We suggest buying Equinix 5.37% maturing January 2022.

CUSIP 29444UAN6

Equinix, Inc. provides global data center offerings that protect and connect the world’s most valued information assets. Its professional services guide customers though complex information technology infrastructure changes and hybrid and multi-cloud deployments quickly and securely, while delivering continuous and reliable technical support. The company was founded by Jay Steven Adelson and Albert M. Avery IV on June 22, 1998 and is headquartered in Redwood City, CA.
Sector: Technology
Industry: Telecom Services – Domestic
Country: United States
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Is your salary/income SIX times higher than 1964?

And, by the way, what is the true value of a $20 bill acquired in 1964 now? Using my App developed by the Federal Reserve Bank of Minneapolis, it would take $153.53 to buy goods or services costing $20 in 1964 or one could use a daily calculator: Inflation Calculator: Daily CPI since 1913 Without trying to depress myself too much, I entered my birth date in that calculator and learned that it would take over $92K now to buy $10K worth of goods and services on the date of my birth.

http://seekingalpha.com/instablog/434935-south-gent/4892411-update-portfolio-positioning-management-6-26-16
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LINKS TO USEFUL FINANCIAL SITES:  https://luvthosedividends.com/about/

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GOLD GGN LOOKS GOOD. BUY TANO AT 25.03 LIMIT ORDER. ENBRIDGE BONDS LOOK APPEALING AT 4%

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June 24, 2016

BREXIT:  We have been diligently looking for bargains during the meltdown Friday morning.  Unfortunately there is nothing we can do.  Prices have not come down sufficiently and some are bouncing back very quickly….retirees and income investors are so desperate for yield that they quickly drive up prices for positions that we like to own.

Go here for the Core Portfolio listing all holdings.

Long term buyers should be looking at GGN our only gold position.  Long term means years, not weeks or six months.  We have held GGN for a long time.  Pays a nice dividend.

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MMM we are so surprized:  NOT!!!!

A new Rasmussen Reports national telephone and online survey finds that 73% of Likely Republican Voters believe GOP leaders have lost touch with Republican voters. Just 20% say those leaders have done a good job representing GOP voters. (To see survey question wording, click here.) 

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(Update:  We placed a limit buy order for TANO at 25.03. We owned this position last year and sold it before it tanked.  Due to various factors it now looks appealing….it MAY not drop to the price we want.  THIS WAS FILLED AND ADDED TO CORE PORTFOLIO)

http://seekingalpha.com/article/3982727-travelcenters-america-always-starts-murmurs

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(We also maintain a limit buy order for NEWTZ at 25.15 but again we may NOT get the price we want.)

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We are buying a small number of Enbridge Individual Corporate Bonds paying 4.0% and maturing in 2023.  They are rated at the bottom rung of investment grade.

CUSIP 29250NAF2

http://www.enbridge.com/

Over the past 65 years, Enbridge has become a leader in the safe and reliable delivery of energy in North America and is proud to be recognized as one of the Global 100 Most Sustainable Corporations in the World.

We transport energy, operating the world’s longest, most sophisticated crude oil and liquids transportation system. We have a significant and growing presence in the natural gas transmission and midstream businesses, and an increasing involvement in power transmission.

We generate energy, expanding our interests in renewable and green energy technologies including wind and solar energy and geothermal.

We distribute energy, owning and operating Canada’s largest natural gas distribution company, and provide distribution services in Ontario, Quebec, New Brunswick and New York State.

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