Archive | January 2018

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BLOK ‘HEADIN TO VEGAS’ PLAY

January 17, 2018 We have not offered up a “headin to Vegas” idea for a long time.  But BLOK appears to be a good candidate for this risky and speculative category.  We do not assume to know much of anything about blockchain tech other than what we read and hear from our favorite analysts. So, […]

SELLING LOW YIELD BONDS

January 17, 2018 We have sold two Corporate Bonds that were contained in the Core Portfolio.  They offered very small yields (under 3%) and we are selling in order to make funds available for potential purchase of some new positions that pay above 7%.  There is nothing inherently wrong with the bonds so you can […]

LOOK AT NEWTL AGAIN

December 16, 2018 We own NEWTL in the Core Portfolio.  Here is come discussion from http://www.dividendinvestor, one of our favorite sites.  If you do not own NEWTL, it is a buy BUT it may pull back to $25.30 if you wait.  Go to the link below for the full article. Newtek Business Services 7% Notes […]

TAKE A GANDER AT IRM

January 12, 2018 There have been so many positive articles on Iron Mountain IRM (a REIT) recently that we decided to suggest you look at this Company.  (Most investors have probably never heard of this company.) NOTE:  We already own an Iron Mountain Corporate Bond in the Core Portfolio.  So we are not buying the […]

BUYING FALLEN ANGEL

January 8. 2018 We have been following FIV First Trust Senior Floating Rate 2022 Target Term Fund since we saw an article (link below) on SeekingAlpha.com way back in November. This is a fallen angel where the price has plunged.  Our philosophy is to buy when positions are on sale……in the bargain bin. The price […]

REVIEWING CURRENT HOLDINGS

January 5, 2018 YYY has been in the Core Portfolio since inception of this blog.  It pays over 8% and has been “relatively” stable for the last 18 months.  (We got hit on this one several years ago when they screwed around with the mix of funds.)  To the best of our recollection we have […]

BUYING MORE IHIT. ANOTHER POLITICAL BOOK TO CONSIDER.

January 4, 2018 We suggested you review IHIT on December 27.  Just today we noticed an excellent review of IHIT by one of our favorite financial sites:  https://www.dividendinvestor.com/term-trust-closed-end-fund-added-portfolio/ (Their portfolios are publicly available.)  Pasted below is some content:  go to the link above for the full discussion.  We will be ADDING to our holding.  While […]