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WATCH ABRN FOR BUY. GRAMMY RATINGS BLOW…..LOL

UPDATE Jan 30

We are getting hit hard.  But we hold long term investments and are not concerned, at least yet.  We plan on buying/adding to two positions tomorrow.

January 29, 2018

ABRN is in the Core Portfolio.  The link below is the original buy signal.

It is going ex-dividend on Wednesday and the price should drop to the $25.30 area.  This would be the time to buy a position, or ADD more, which we intend to do.  Pays just over 7%.

https://luvthosedividends.com/2017/08/29/buy-abrn-7-3-woohoo/


We are strictly dividend investors.  But the BIGGEST MISTAKE we made in 2017 was avoiding the stock market  ie SPY.  (The Core Portfolio is primarily in bond instruments, REITs, BDCs and a few individual stocks.)  We were told by the fake news media that the market would collapse if Trump were elected and we believed it.  And look what it got us.  We would have realized significant gains.

But we are retired from the corporate world and really only need a good income stream, taking as little risk as possible.

We are sticking to the discipline.  When you veer off course, that is when you get into trouble.

We are seeing a parabolic rise in stocks and many advisors say it will continue.  Maybe so.  But we are NOT getting sucked in at this point.

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We see a positive SeekingAlpha.com article on MPW, which we hold in the Core Portfolio.  It IS ok to buy now, or add to positions.  In fact it is priced below what we paid.

https://seekingalpha.com/article/4140424-medical-properties-trust-buy?uprof=46&isDirectRoadblock=false

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Illinois on the way to bankruptcy.  As residents of Illinois we watch in wonder and amazement as the corrupt politicians drive the State over the edge.  Do not buy any Illinois bonds!!!  Go to link for the full article.

If there is such a thing as financial hell, it is probably Greece… with Illinois coming in close second.
For those unfamiliar, here’s a quick recap: Illinois (rate just one notch above junk) is drowning under a mountain of debt, unpaid bills and underfunded pension liabilities and it’s largest city, Chicago, is suffering from a staggering outbreak of violent crime not seen since gang wars engulfed major cities from LA to New York in the mid-90’s, while rising taxes have prompted a mass exodus with the state lost 1 resident every 4.3 minutes in 2017.

https://www.zerohedge.com/news/2018-01-27/illinois-unveils-shocker-sell-107-billion-debt-fund-insolvent-pensions

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Maybe people are getting fed up with the political BS.

9:35 a.m. (Monday) – Initial ratings for this Grammys broadcast could be “an all-time low.” Via Deadline:
With a 12.7/21 in metered market ratings, the Recording Academy’s big hootenanny was also way down from the early numbers for the LA-based February 13, 2017 59th annual show. By way down, I mean a just over 20% decline from last year to what looks to be an all-time low for the ceremony.

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