June 11, 2014
*********Go to “Core Portfolio” for current holdings.**********
We hold PFLT a business development company in our core portfolio. I saw an excellent article covering PFLT and the link is pasted below.
PFLT goes ex-dividend next week. If you buy now you will receive the dividend. But the price may go down after it goes ex-dividend and you can get in at a lower price. So you have to make the decision. Whatever you do, I would add to existing positions, or buy a new position.
PFLT has been very stable and pays a nice yield of 7.7%….click here to see the prior discussion. BDCL is also another good position to buy right now.
Book Recommendation: Almost nobody expects Barry to be impeached. And probably fewer people will read this book. It’s really interesting.
Faithless Execution Building the Political Case for Obama’s Impeachment. Andrew McCarthy
All of us Trekkies LOVE this story:
National Review: Someone has referred to Vice President Biden as President Obama’s “impeachment insurance.” Even critics who are totally opposed to Barack Obama’s policies do not want anything to cut short his presidency, with Joe Biden as his successor.