Archive | August 2014
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August 22, 2014. Go to “Core Portfolio” for current holdings. (Update: The Blackstone Group has $160 Million in this outfit. Amazing.) I recently published several posts about ‘going to Vegas’ followed by a suggestion to buy the risky CEFL Well this time folks, we ARE really going to Vegas. AMYGF Amaya Gaming is involved in […]
Monday August 18, 2014. Go to “Core Portfolio” for current holdings. On August 7 and 11, I suggested buying and adding to positions. They were on sale and that is the time to buy. In fact I am thinking about changing this blog to “Buy Stuff On Sale”. We are heading higher today and it’s […]
August 13, 2014 “Trouble started today with AT&T. I hate AT&T. It obviously stands for Always Terrible Transmission.” From Joan Rivers new book Diary of a Mad Diva. Get it…so funny. If you get a chance to see Joan in person, don’t miss it. It will be the funniest comedy show you will ever see. […]
Monday August 11, 2014 ********Go to “Core Portfolio” for current holdings.********** On June 20 I suggested you buy YYY…….YieldShares High Income ETF includes 30 closed end funds. The asset mix approximates a 60:40 Equity: Debt mix at 58% Equity, 38% Debt and 4% Currency. I am ADDING to my position. YYY has tumbled along with […]
Thursday August 7, 2014 ********Go to “Core Portfolio” for current holdings.********** UPDATE: CEFL WAS SOLD Way back on June 3 I said we were heading to Vegas and buying CEFL an exchange traded note that contains 30 well known closed end funds with some leverage thrown in to get the yield up to 16%. There […]
August 5, 2014 ********Go to “Core Portfolio” for current holdings.********** (Update Tuesday: Those crazy Russians are in the news and the DOW is down 200 points. This will probably blow over and at that point you should be looking to buy stuff when it’s on sale….we don’t know when, could be days or weeks. The […]