June 27, 2018. The stock market has been essentially flat so far this year. SPY is actually a little down vs. early January.
But we are less concerned about stocks and more interested in high yield instruments that give us good dividends/income. We have been selling low yielding bonds, and looking for higher paying positions.
We are buying some UNIT Corporate Bonds which are paying 6%, a very nice yield in this environment. And maturity is short, 2021, so that is good.
UNIT is essentially an energy company, involved in natural gas, drilling, and pipelines.
NOTE: The stock symbol is UNT.
Mature May 2021
Despite hate speech from fake news, people are liking the Trump policies.
For the first time since President Donald Trump took office, the CNBC All-America Economic Survey shows more than half the public approving his handling of the economy, and it appears to be having some impact on his overall job approval rating.
The president’s economic approval rating surged 6 points to 51 percent with just 36 percent of the public disapproving, a 6 point drop from the March Survey.
Now in the 6th year of Dividend Income Investor.
Before buying any investment, go to Core Portfolio for a listing of current positions.