Archive | July 2014

You are browsing the site archives by date.

GAMCO GLOBAL GOLD NATURAL RESOURCES AND INCOME TRUST GGN + BUY GOV AT $23.50

July 23, 2014 ********Go to “Core Portfolio” for current holdings.********** When the dollar declines, gold goes up. And boy oh boy, the dollar has been heading downward.  Have you bought beef recently?  Chicken?  Milk?  ANYTHING????  Your dollars are worth less and less. Just look at a two year chart for the dollar and you can […]

RISK IS HIGH

July 19, 2014  ********Go to “Core Portfolio” for current holdings.********** Depending on which methodology you use, the market is currently 20% to 33% overvalued. The highly respected Ned Davis Research pegs the median P/E ratio over the long term at 16.7. At a current P/E ratio of 20.7, a fair valuation for the S&P 500 […]

NPT Nuveen Premium Income Municipal Fund 6.5%

July 13, 2014 ********Go to “Core Portfolio” for current holdings.********** I have never been interested in municipal bonds.  And with the disaster in Detroit going bankrupt I was even less interested. Except for owning an individual municipal bond from the city I live in (the bond has done well) I do not own this sector. […]

PRH BUY Exchange Traded Debt 5.8%

July 9, 2014 ********Go to “Core Portfolio” for current holdings.********** Buy at $24.75 and under $25.00 Prudential Financial 5.7% Junior Subordinated Notes PRH is debt that trades on the stock exchange.  It trades like a stock.  The income is distributed quarterly. http://finance.yahoo.com/q?s=PRH PRH gives provides you a good investment at low risk which is why […]

FREE ACCESS TO FORBES FINANCIAL NEWSLETTERS

July 8, 2014 Forbes is offering free access to their entire list of financial newsletters.  This is a great opportunity to get loads of free investment suggestions.  And you may decide to subscribe to one of them.  (They are all first rate, I used to subscribe to several.) Load up the paper tray and download […]

SELLING KYE

July 8, 2014 We hit a home run with KYE. We have nice gains.  I don’t like the way this thing is acting, and am SELLING right now.  OR you could put in a stop at $31.12 KYE has a history of spiking and then diving back down.  That may be happening again, so I […]

GREAT FINANCIAL WEB SITE

July 2, 2014 ********Go to “Core Portfolio” for current holdings.********** There are half a dozen web sites and financial advisors that I follow.  The sites are free and the advisors dish up free and valuable info on their sites.  There is only one service that I actually pay for. One of the most valuable and […]