Archive | November 2016

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HIGH YIELD CORPORATE BOND ON SALE

Welcome to Dividend Income Investor November 23. 2016 Kindred is offering a corporate bond with a 9.5% yield to maturity…we like to buy positions when they are on sale as this bond is priced under par.  We really like the short January 2020 maturity….you want to avoid long dated bonds in this environment meaning five […]

BUY PIMCO Dynamic Credit and Mortgage Income Fund

  November 22, 2016 We had been looking at PCI for a week but could not seem to pull the trigger.  But today there was an excellent article in http://www.seekingalpha.com that gives a detailed description of this closed end fund.  The link is below and we suggest you look at it.  We are not going […]

SELLING TOTL

November 18, 2016 TOTL is trending down, and with all the talk about rising rates, it makes no sense to hold this.  We DO have a total return profit due to the dividend income despite the lower price. SELL today. We suggest you do NOT join in the current frenzy of the rising stock market.  […]

FINALLY—BUYING SOMETHING!!!!

November 15, 2016 We are having a good year.  Just today, we got another slew of dividends.  It’s fun seeing those dollars rolling in. A bunch of positions have been sold over the last month, most at a profit, and they have been gutted by increasing rates.  So we got out before the damage hit. […]

MORE SELLING. TRUMP PAID $1.00

November 14, 2014 We are selling the Newmont Mining Corporate Bond Cusip 651639AP1.  This was purchased on sale at a very low price and has appreciated giving us a huge profit.  In addition the dividends have been coming in.  The bond matures in the 2040’s which is way too far in the future for our […]

GET OUT OF INTEREST RATE SENSITIVE INVESTMENTS. SELLING ANOTHER ISSUE. IS COMEY TOAST.

Welcome to Dividend Income Investor November 11, 2016 Good riddance:  from edwardkein.com: After persistent prodding by Valerie Jarrett to remove James Comey from his job as director of the FBI, President Obama has agreed the time has come to fire America’s top cop. According to a White House source familiar with Obama’s decision, Jarrett and […]

SELL STOP LIMIT ON ENO

November 9, 2016 ENO is tanking.  We have a tiny profit when you add in dividends. Place a Sell Stop Limit GTC on ENO.  $25.48-$25.49 CLICK HERE for Dividend Income Investor Core Portfolio showing current holdings.  WARNING:  MOST OF OUR POSITIONS ARE INTEREST RATE SENSITIVE.  WE HAVE BEEN SELLING SOME POSITIONS IN ANTICIPATION OF POSSIBLE […]

MIDDLE CLASS GIVES MIDDLE FINGER TO ESTABLISHMENT

Welcome to Dividend Income Investor 11/9/2016 It’s finally over.  The wicked witch of the west was denied her life ambition.  As it turns out, we are now learning that the rotten Obamacare was a deciding factor. But as expected the markets don’t like the uncertainty of an unproven politician so the futures were lower up […]

ONLY ONE MORE DAY OF THIS NIGHTMARE

November 6, 2016 Well folks, it’s just about over.  Thank goodness.  We have never seen such a spectacle as this election has turned out.  We can only imagine that the Founding Fathers are turning over in their graves. But it’s almost over and hopefully the markets will get back to normal after some expected SHORT-TERM […]

MORE SELL STOPS. IS HILL IN REALLY BIG TROUBLE?

November 2, 2016 (Update)  The majority of the portfolio is allocated to individual corporate bonds, and we continue to hold those.  Rising rates will have minimal effect on our holdings, and it doesnt really matter as we hold to maturity.  In other words, barring total bankruptcy, you will get your money back including the dividends. […]