Archive | July 2016

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UPDATE

  (Update July 28:  We suggested buying ABRN at $25.15.  But uneducated income seekers are driving up the prices to sky-high levels.  ABRN is trading at $25.84 today:  this is bat-shit crazy stuff. It is becoming very difficult finding positions that we want, at the prices we want.  The Fed continues with low interest rates, […]

PSAPRD. NEW PREFERRED FROM PUBLIC STORAGE.

July 19, 2016 UPDATE:  PSAPRD is the ticker. Public Storage is a strong and safe REIT.  They have just issued a new preferred at 4.95%.  Many advisors and investors would not be interested in the “low” rate, but we like this issue for the safety and relatively good yield–compared to getting virtually nothing on CDs […]

TAKING RISK WITH SOME SPRINT CORPORATES

July 18, 2016 Sprint has some high risk bonds that offer 9.67% if held to maturity. Altho they are rated risky it is extremely doubtful that Sprint is going to go broke before 2023 when they mature.  Of course that is our opinion.  In our case we are willing to take the risk for the […]

SHOCKER: LIBERAL NEW YORK TIMES SUPPORTS TRUMP

July 14, 2016 Another shocker from Rasmussen Polls: The latest Rasmussen Reports weekly White House Watch survey of Likely U.S. Voters finds Trump with 44% support to Clinton’s 37%. Thirteen percent (13%) favor some other candidate, and six percent (6%) are undecided. The full NYT Op-Ed is below: Justice Ruth Bader Ginsburg needs to drop […]

HTGZ. 7% COUPON. GGN (GOLD) IS A BUY.

July 7. 2016 (Update:  The Southern Copper Corp. Bond that we bought only five months back has exploded in value.  It may be appropriate to sell this sucker and pocket the profits, but we foresee metals continuing their upward trends.  So we are still evaluating as to a possible sale.  Also have a huge gain […]