Archive | May 2017

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TCCA ADD

May 31, 2017 We already own TCCA in the Core Portfolio.  But if you do NOT own, now is the time to buy.  This position just went ex-dividend.  This would also be a good time to ADD (buy more) to the position. We look at virtually dozens of potential new investments every day, but everything […]

ONE MORE CHANCE GLOPPRA. AND ‘SHATTERED’ BOOK

May 26, 2017 On May 10 we bought GASLog symbol GLOPPRA.  Yesterday we noticed the following analysis on the Company.  It is still not too late to buy this position. https://seekingalpha.com/article/4076715-4-reasons-avoid-fallen-pipeline-giant-choose-much-higher-yielding-faster-growing-mlp-instead GO TO CORE PORTFOLIO to see current positions. _____ Margaret Thatcher once said that the problem with socialism “is that eventually you run out […]

OWN SPRINT: NOW BUYING ANOTHER PHONE CO.

May 24, 2017 Today we are buying a highly rated NON callable AT&T corporate bond.  It gives us a decent 3.8% if held to maturity:  not great but it is high quality.  Everyone knows AT&T so we are not going into detail on the Company. CUSIP 00206RCT7   Matures 2-17-2026 GO TO CORE PORTFOLIO to see […]

GETTING NERVOUS YET? YOU SHOULD BE. LOOK AT GGN.

May 22, 2017 The liberal press is doing everything they can to kill Trump..and he is certainly not helping himself.  This is obviously making the markets nervous.  It would appear right now that the bills and programs Trump promised are not going to happen, at least in the near term.  Is the Trump rally failing?  […]

BUY ASSURANT.

May 19, 2017 It is really tough finding quality individual bonds that pay a good yield.  High quality bonds like we are buying today typically pay an acceptable dividend, but NOTHING GREAT. At this point, we are retired and do not want to take a lot of risk.  A lower yield from a good company […]

HUGE COMPANY. SMALL RETURN.

May 16, 2017 (Update May 18:  Despite a mini crash in the stock market yesterday, and with expected downward pressure today, we had a very tiny decline in our Core Portfolio.  Trump is obviously failing and none of his bills are going to get passed:  the stock market is finally reacting. We hold major positions […]

TELECOM: BUYING CENTURYLINK. 4.78%

May 15, 2017 We are buying a rather large position in CenturyLink Corporate bonds today.  Below is a description and a link to a recent article on seekingalpha.com. BUSINESS:  CenturyLink is a global communications, hosting, cloud and IT services company enabling millions of customers to transform their businesses and their lives through innovative technology solutions. CenturyLink […]

GSLGF OFFERING 8.6%

May 10 2017 GO TO CORE PORTFOLIO to see current positions. Shipper GasLog Partners is selling a new fixed to floating rate preferred with 8.6%.  We are buying a small position. We do not LOVE shippers having had poor luck in the past.  But a small position is ok to start and we can always […]

SELL BGT

May 9, 2017 Back in March, the technical indicators for BGT Blackrock Floating Rate Trust started to turn over.  The price continued flat BUT have now started to turn down.  We have a decent price appreciation and have received some modest dividends.  Even tho there is a dividend scheduled for May 11, we are NOT […]

BUYING SOME FOREIGN BONDS

May 5, 2017 We have never been excited about getting into foreign markets.  But we have been looking at FAX Aberdeen Asia Pacific Income Fund which owns bonds from Australia, India and Indonesia (about 50% of the portfolio). The bonds are good quality and FAX is paying 8.4%…..nice!!! Back in January 2013 this thing was […]