1 Comment

OLD GRAY HAIRED LADY SPEAKS

June 20, 2014

********Go to “Core Portfolio” for current holdings.**********

The grey haired lady (Yellen) came down from the mountain yesterday.

Before you think I am being nasty, I am an old gray haired man lolol.

Yellen and the Fed basically said they would continue supporting the markets.  I have told you several times that they will do anything in their power to support this Administration going into the November elections….and boy oh boy do they need help.  Ratings are plummeting.

So what should you do?  Stay invested that’s what.  A lot of bubble heads out there are telling you to have a chunk in cash.  NOT me.  I am taking advantage of this while the gettin’s good.

The bubble will burst someday, maybe after the elections in November, maybe in years.  Who knows.  In the meantime continue collecting your dividends.

All of our positions in the Core Portfolio have been doing very well……sweeet.  There is nothing in the bargain bin that yells On Sale.  CEFL our ‘risky’ holding is doing well and paying 16%.  If you do not own, buy a little.  YYY is a lower risk alternative.

The business development companies and floating rate bond funds are looking good, go to Core Portfolio for suggestions.

If you are doing well with a position that we do not discuss here,  please share it with all readers.  Hit “Leave a Comment” above.

 

 

Advertisements

One comment on “OLD GRAY HAIRED LADY SPEAKS

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: