Archive | July 2017

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YOU’RE FIRED!! LOOK AT MDLX FOR POTENTIAL BUY

July 31. 2017 (Update:  Tuesday MDLX is dropping again.) We bought Medley MDLX about a year ago and it has been in the Core Portfolio ever since.  MDLX spiked up to $24.90 then went ex-dividend last week and is currently priced at $24.60.  Historically it drops to around $24.00 after ex-div. which is a buying […]

TRUMP as DRAMA QUEEN, or DRAMA KING

July 26. 2017 The American Public is learning what it’s like having a drama queen as a President.  Talk about melodrama.  Between caustic tweets, firings, and the fake news media….it just doesn’t get any better.  Everyday you have a Saturday Night Live skit in the media. And now, believe it or not, you have Kid […]

PRETTY GOOD RESULTS SO FAR THIS YEAR

July 21, 2017 The rains continue here in Northern Illinois and now the rising flood waters are in the boat house.  This is starting to get serious.  Even the bike path that we follow everyday is now flooded.  As the concerns with approaching waters are scary, we continue evaluating the Core Portfolio positions. So far […]

BXMT LOOKS GOOD AT 8%

July 18, 2017 BXMT has been a very steady performer this year.  The price in January was $30.91 and today the price is $30.96….basically flat.  It got ahead of itself in June getting up to $32.00 but then paid a huge dividend and the price has now come back down….this presents you the opportunity to […]

BUY OR ADD TO THESE CORE PORTFOLIO POSITIONS

July 14, 2017 We recently suggested you look at CLNS and it is in the Core Portfolio.  Yesterday we saw this very positive article on CLNS from http://www.moneyshow.com.  We had held this position for a long time (before adding to the Core Portfolio) and really took a beating as they went through some bad times.  […]

UNEMPLOYMENT 23%

July 13, 2017 We have been flooded here in the Chicago area and yesterday we were scrambling to save our little 14 footer.  Located on a river and having experienced this many times in the past, we have learned to live with it.  But it does make you appreciate the tragedy of the many friends […]

ALLIANCE ONE: HIGH RISK BOND BUT 13.8% YIELD TO MATURITY

July 10, 2017 We are looking at some HIGH RISK corporate bonds.  Buy these only if you have a large portfolio and are willing to take the risk……altho we really doubt having any problems with these tobacco bonds. Some people may have issues with investing in ‘addictive’ substances, but as long as they are legal, […]