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November 3. 2014.  Go to “Core Portfolio” for current holdings.  Hit the “Follow” button to get updates. 

Still trying to get EMQ around $25.20.  Exchange Traded Debt  6%

SOLD half of my position in PSEC……only sold 50% for now.

(Update:  And the winner is the conservatives.  I am glad to see that the American public finally woke up and rejected the Socialist agenda.  But The Republicans have to work smart.  When people start to realize Hillary is corrupt maybe we can get some action in 2016.  The markets are poised to go higher but don’t be stunned if we get a pullback which I view as a buying opportunity.)

“This is a tsunami. Heads will roll at 1600. And if they don’t, shame,” the insider said, adding, “The president has 60 days to clean house, regrow his spine, and lay out an aggressive, centrist agenda. If he fails at any of those, he might as well just start writing his memoir.”

The consensus says the markets will take off if the Republicans win tomorrow.  We shall see.  I was going to sell PSEC today but in reflection it is best to wait and watch.  PSEC is still in a downtrend but hopefully I can sell at a higher price later. If we see market gains in the next week, several of our holdings are positioned to do well:  SDIV, CVY and YYY. Do not sell or buy anything today.  Generally you do not buy at market highs…..and we are there now.  I will probably wait for a potential pullback to add new stock positions….but if I see good bond-like income investments I will be adding. Our oil positions have been hit hard, but they are turning around.  So hold on. Our ‘vice’ holding AMYGF the gambling stock is doing ok.  Never bet against nicotine, alcohol and gambling. I am making a concerted effort to get into more conservative issues such as individual corporate bonds (NOT bond funds) and exchange traded debt (bonds).  I have posted numerous suggestions and you should have purchased. If you have questions or suggestions send us comments!  Or hit ‘Follow’ to get updates.


Book Recommendation:  The Coming of Tan.  I have always been interested in UFO’s and aliens.  So it was very interesting to hear the author of this book, Riley Martin, talking on Sirius a few weeks ago.  (he has a weekly show)  This is probably the most fascinating and almost unbelievable book you will ever read on this subject.  Whether this guy is a quack or real, you won’t regret getting this book.


The New York Post is always fun to read: We are witnessing the total collapse of a bad idea. Obamaism, a quasi-socialist commitment to a more powerful government at home and an abdication of American leadership around the world, is being exposed as a historic calamity. It is fueling domestic fear and global disorder and may well lead to a world war. If there is a smidgen of a silver lining, it is that the unraveling, complete with Obama’s shameless attempts to duck responsibility, is playing out on the eve of the midterm elections. Fortunately, voters seem ready to respond by giving Republicans control of both houses of Congress.


“There have been $2 billion in ads shitting on the president and no one to defend him,” a senior administration official told us. “He is very fired up to get this campaign behind him, to run through the tape.”

The chart that you are about to view is clear evidence that we are in the midst of a long-term economic decline.  It shows what has happened to the homeownership rate in the U.S. since the year 2000, and as you can see it has been collapsing since the peak of the housing market back in 2007.  Does this look like a housing recovery to you?…
Homeownership Rate 2014

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