Now in the 6th year of Dividend Income Investor.
Before buying any investment, GO TO CORE PORTFOLIO for a listing of CURRENT positions.
UPDATE Oct 25: Momentum indicators for SPY and major averages still DOWN. Don’t be fooled. This is not the time to buy stocks. We are looking at dividend paying debt positions for possible buys.
UPDATE Oct 24: HYHG coming down nicely. We will buy at a lower price. KCAPL is a buy under $25.00
UPDATE Oct 23: Back on Oct 15 we told you that you should have sold all stocks. And today we see a plunge. Having said that, we still believe they will move the markets back up leading into the elections, only 14 days away. We are still holding all the bond ‘term’ holdings in the Core Portfolio….meaning we collect dividends until the holdings mature.
MOST IMPORTANT: Watch what happens after the election and into 2019. We are not adverse to selling everything if the markets start to fall apart.
If you did not purchase NSS, when we did recently, NOW is the time to buy.
October 22, 2018. Keep HYHG on your radar. We have been watching this for a long time (and talking about it here), but the price kept going up. Now it is heading back down. HYHG will be purchased EVENTUALLY!!……but the momentum indicators are still down. So patience is required here. Currently paying just under 6%. Do NOT buy this right now….this thing could keep declining for weeks.
ProShares High Yield—Interest Rate Hedged ETF
ProShares High Yield—Interest Rate Hedged ETF (HYHG) is a high yield corporate bond ETF with a built-in hedge that targets a duration of zero to eliminate interest rate risk. Many investors use high yield bonds as part of their fixed income portfolios. High yield bonds typically offer better return potential than Treasurys or investment grade bonds as a way of compensating investors for taking on greater risks.
HYHG combines the return potential of high yield bonds with a built-in hedge that targets a duration of zero to eliminate interest rate risk.
Here is an excellent article discussing why the market is setting up for a year end rally.
Netflix; While listening to a financial radio show, they mentioned the series ‘Ozark’ currently available on Netflix. It is about a financial advisor that gets involved in the drug market-the financial aspect turns out to be a relatively small part of the story. This is probably one of the best series on Netflix and we recommend it. We also continue watching ‘Heartland’. Originally aired as a Canadian production, we are now watching the ninth season. Also one of the best on Netflix.
Since 2009 there have been 22 corrections in the stock market with an average decline of 8.4%. The current pullback is 7.8%. See full video at link below: