Leave a comment

BUYING CORPORATE BOND

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.

CUSIP:  909218AB5

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.

_____

No automatic alt text available.

 

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 )

Google+ photo

You are commenting using your Google+ 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 )

w

Connecting to %s

%d bloggers like this: