Archive | February 2013

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SGZA Selective Insurance Group

SGZA Senior Notes offering just under 6%.  I consider this an excellent quality long term hold but no more than 1.0% of the portfolio. Buy Under $25,00.  Selective Insurance Group, Inc., through its subsidiaries, offers property and casualty insurance products and services.

CNBC Goes Crazy. Hold On.

The Federal Reserve notes caused a bunch of consternation. What a joke.  CNBC was creating a frenzy……..for ratings.  People were selling and shorting like crazy.  If you think the Fed is going to raise interest rates, I have a bridge to sell you.  I am not prepared to fight the Fed. Even Cramer was telling […]

GGN Hang on for a wild ride.

Back in December I said we could expect a pullback in gold.  Well we certainly got it. Gold is being manipulated down to give the impression there is no inflation, so Bernnie can borrow truck-loads of cash from China at low rates.  Everybody knows that groceries as an example have sky rocketed.  Many food items […]

ARR-ADD For 14% Divi’s

(Update March SELL  This is not looking good.)  I talked about ARR way back in November.  They just went ex dividend and you can pick up shares on the cheap.  Buy at $6.64 Armour Residential REIT invests in agency residential mortgage-backed securities.  Pays over 14%.  Everyone should own some ARR, but not over 1% of […]

Is A Pullback Coming

A month ago I started talking about the over extended markets.  Well we continue going higher and higher.  lolol I still think we will see a small pullback….and we may be very close.  Will there be a crash.  Of course not.  Obammer keeps dumping truck loads of cash into the market driving it higher. Bottom […]

MWR

Morgan Stanley Trust Preferred.  MWR pays 6.25%. Went ex-dividend today and you can buy at a great price:  around $25.00.  Buy small amounts. I am not an investment professional.  You must do your own research before buying any position.  All gains or losses that you realize are based on your choices.

Still Sitting On My Hands….Collecting Dividends

Waiting.  Waiting.  Can it get any more boring. Still expecting a pullback in the markets, which should provide an opportunity to buy dividend paying positions.  But with Bernnie dumping gazillions of dollars into the market, I would expect the markets going Higher long term. There are many technical indicators telling us to bide our time.  […]