Leave a comment

BUYING

January 31, 2018

ABRN is going ex-dividend today.  It is in the Core Portfolio.  You can buy as a new holding, or ADD to your position.  You should be able to get this at $25.40.

We are also ADDING to TCCA which is another position in the Core Portfolio.  The price is $25.09 and pays over 6%.

Triangle Capital Corporation, incorporated on October 10, 2006, is an internally managed, non-diversified closed-end management investment company. The Company is a specialty finance company that provides customized financing to lower middle market companies located primarily in the United States. The Company’s investment objective is to seek attractive returns by generating current income from its debt investments and capital appreciation from its equity-related investments. The Company invests primarily in subordinated debt securities secured by second lien security interests in portfolio company assets, coupled with equity interests. The Company also invests in senior debt securities secured by first lien security interests in portfolio company assets.

As of December 31, 2016, the Company had investments in 88 portfolio companies. The Company’s portfolio includes its investments in various industry sectors, such as baby products; auto industry interior components supplier; flux and foundry manufacturer and supplier; manufacturer and distributor for independent artists and authors; loan origination software solutions provider; restaurant; janitorial and facilities maintenance services; beverage manufacturing and packaging; digital marketing; demand response business; print supply chain management services; payment and donation management product service provider; frozen foods manufacturer; supply chain services; hunting and outdoor products; cleaning and repair services; marketing services; landscape services; allergy immunotherapy; commercial printing services, and environmental and facilities services.

_____

Wow this is scary and sad.  Link to ‘must read’ article below.

According to the June 2017 snapshot from the Social Security Administration, nearly 61.5 million people were receiving a monthly benefit check, of which 68.2% were retired workers. Of these 41.9 million retirees, more than 60% count on their Social Security to be a primary source of income.

https://seekingalpha.com/article/4141059-fed-will-ignite-next-financial-crisis?uprof=46&isDirectRoadblock=false

_____

New book:

The author who wrote Clinton Cash and sparked an FBI investigation into the Clinton Foundation is preparing to launch his highly anticipated investigative follow-up—a book that appears it will be every bit as explosive as his last.

On Monday, publishing giant HarperCollins released the book cover of Government Accountability Institute President and Breitbart News Senior Editor-at-Large Peter Schweizer’s forthcoming book, Secret Empires: How Our Politicians Hide Corruption and Enrich Their Families and Friends. While little is known about the book’s contents, five images on the book’s cover suggest that Schweizer’s next targets may include Senate Majority Leader Mitch McConnell (R-KY), former Vice President Joe Biden, former President Barack Obama, former Secretary of State John Kerry, and President Donald Trump’s son-in-law Jared Kushner.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: