December 8, 2014 To View Current Positions Go To Core Portfolio
Regular readers know that I like Individual Corporate Bonds (NOT corporate bond funds)….. and the Corporates that have been sold to holding companies who in turn sell them to the retail public typically at a price of $25. I call them mini-bonds. (No, CNBC never talks about minibonds.)
They pay nice dividends and are reasonably safe…..as long as the Company does not go broke. I have buying more and more of these things recently.
Today I am looking at Telephone and Data Systems. They have a mini-bond: TDA. I suggest you buy a small amount today…it just went ex-dividend and the price is right.
TDS provides wireless products and services; cable and wireline broadband, TV and voice services; and hosted and managed services to approximately 5.9 million customers nationwide.
At TDS, our mission is to provide outstanding communications services to our customers and meet the needs of our shareholders, our people and our communities.
– See more at: http://www.tdsinc.com/tds_about_us.html#sthash.4TlewJce.dpuf
Oils. We are getting killed. Plain and simple. I should have sold them six months back…but I didn’t.. A huge mistake.
Hindsight is always 20-20. So what to do. Hold on. There is nothing you can do…unless you want to take big losses. I suggest you keep these dogs and hopefully this market will recover next year.
Gruber (or Goober as I like to call him) is chatting with Congress this week. Read this:
Obama the liar keeps feeding us bullshit employment numbers:
The official unemployment rate is 5.8%. However, if you start counting all the people who want a job but gave up, all the people with part-time jobs that want a full-time job, all the people who dropped off the unemployment rolls because their unemployment benefits ran out, etc., you get a closer picture of what the unemployment rate is. That number is in the last row labeled U-6. U-6 is much higher at 11.4%. Both numbers would be way higher still, were it not for millions dropping out of the labor force over the past few years. Mike “Mish” Shedlock