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WILL BUY NEW ISSUE SAB NEXT WEEK. WHITEHORSE FINANCE. BUY.

December 20, 2016

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We bought WHFBL Whitehorse Finance yesterday.  The baby bond is a little more risky than we normally buy so the most conservative investors may want to stay away…..but we do NOT anticipate any problems.

The price may continue downward but we wanted to get in now at this low price….as sometimes the prices start to elevate at these levels.  Try to get under $25.00…the bond matures in July 2020 AT THE $25 PRICE.  Yield is over 6%.  (Do NOT pay more than $25.10)

Whitehorse Finance is a business development company that provides loans to small-cap companies most of which are privately held.  Their total portfolio is $388 million.

QUANTUMONLINE.COM SECURITY DESCRIPTION:  WhiteHorse Finance, 6.50% Senior Notes due 7/31/2020, issued in $25 denominations, redeemable at the issuer’s option on or after 7/31/2016 at $25 per note plus accrued and unpaid interest, and maturing 7/31/2020. Interest distributions of 6.50% per annum ($1.625 per annum or $0.40625 per quarter) will be paid quarterly on 3/31, 6/30, 9/30 & 12/31 to holders of record on the record date that will be 3/15, 6/15, 9/15 & 12/15 respectively (NOTE: the ex-dividend date is at least 2 business days prior to the record date).

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Please take our ten second POLL 

You can’t makeup this BS:

Hillary Clinton intends to keep her campaign organization together for the next four years and run again for president in 2020.

“She’s convinced that, sooner than later, the voters will come to their senses and realize they made a horrible mistake by putting [Donald] Trump in the White House,” a source close to Hillary told Ed Klein Confidential. “She’s sure the voters will beg her to get in the race and she says, ‘I’m going to run again in 2020.’”

Not all her advisers agree. In fact, several of them believe Hillary is in a bad way—deeply depressed, drinking too much, and delusional about her chances of making a successful run for the White House four years from now when she’ll be 73 and in shaky health.

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Of 306 electors pledged to vote for Donald J. Trump
304 voted for him
 
2 voted for someone else
 
Of 232 electors pledged to vote for Hillary Clinton
227 voted for her
 
5 voted for someone else

CLICK HERE for Dividend Income Investor Core Portfolio showing current holdings.  We have been selling interest rate sensitive positions and buying investments that may do well in a rising rate environment.

A note for new readers:  Dividend Income Investor is designed for self directed retirees (and investors seeking income) who are seeking ‘safe’ dividend payers in the 3% up to 8% range.  The Core Portfolio is not designed to get you rich, but instead to provide a reasonable level of income.

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