Leave a comment

Hold On To Your Stock Positions

Back on November 21, I suggested that if the markets reached 1421, stocks should be sold and profits taken

Well it now appears the highest probability for the stock market is to go Higher.  So hold on.  I think the crooks in Washington will avoid the fiscal cliff and stocks should be ok.

REITs, corporate bonds, and BDCs provide a steady stream of income without all the hassle of stock trading and the associated trading fees.  If you are nearing retirement or retired, dividend investing is an easy and safe way to earn significant income.  Last week I mentioned KYE.  This  looks like an excellent choice for those wanting to play the MLP segment in your IRA.  Add if it performs well.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: