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BUY TVA INDIVIDUAL CORPORATE BONDS. VNR. TENET.

October 23, 2013

SPY 1743.00

(Update Nov 4.  KYE Hold Off for now.  Looking weak for some reason.)  (Update Oct 31)  KYE  ALERT  BUY order at $28.15 which is support.  Buy IN YOUR IRA.  Buy more if it goes even lower.

WPZ Watching.  An MLP going ex-dividend Nov 1.  May be excellent buy.

(Update Oct 28)  BUY Tenet Healthcare.  Corporate Bonds.  88033GAV2   NOT Investment Grade Corporates but they pay almost 8%.  Maturity 2031.  Suitable for a very very small position.  I would typically not mention a junky bond but I think the risk with a tiny position in the portfolio is worth the nice yield.

VNR Goes ex-dividend Oct 30.  VNR typically drops after the ex dividend date which provides you a better entry price.  VNR is an MLP that has been acting very well.  (Update Oct 31)  Buy anywhere close to $27.50

Buy NOW.  Tennessee Valley Authority is offering corporate bonds for $104.237 with 4.33% yield maturing in 2035.  These are HIGH rated and ‘implicitly’ backed by Uncle Sam.  This would be appropriate for a small portion of the portfolio.  This is high rated investment grade stuff giving you a reasonable, (not great), return.  Each bond is $1000.00.

These are Individual Bonds which are a far superior investment vs bond funds.  Barring a bankruptcy individual corporate bonds mature returning all your money in addition to the yield.  You should plan on holding corporates to maturity.

Since corporates are priced at $1000 they are by definition designed for a larger portfolio.  A single position should represent no more than one or two percent of the portfolio.

Cusip 880591DX7

Funny Line of the Day:  “The first lesson you learn as a pollster is that people are stupid.”  (This Town, Leibovich)

Go to “HOME” (top of page) for the most current posts.  Go To +FOLLOW at the top of this page to follow this blog.  (Please respond to POLL Click Here)  This blog discusses dividend paying investments that I find appropriate for myself…..and for investors seeking dividends and income.  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.

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One comment on “BUY TVA INDIVIDUAL CORPORATE BONDS. VNR. TENET.

  1. Saved as a favorite, I love your website!

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