February 8, 2018
We SOLD two of the corporate bonds in the Core Portfolio: ARES and Aflac.
They were paying 3+% yield which was low and they were declining in price due to potential higher interest rates. (But we did sell at a higher price than we paid, and we also have been getting the dividends.)
We would prefer to divert the money into higher yielding positions that have taken a hit during the recent downturn….see recent posts.
Bottom line: we want to buy high yielding investments while they are on sale.
Bill and Hillary CORRUPTION. You gotta read this: