February 8, 2019. We have not had a ‘headin to Vegas’ pick in a long time.
Talk about gettin ‘into the woods’. SMHB is not a stock, REIT, BDC, bond, baby bond, or preferred. It is a leveraged ETN, an obscure risky ‘exchange product’.
NOTE: Before going further, understand you take a big risk with SMHB but it gives you a huge return of 17%
We are placing a LIMIT order at $22.00….SMHB should represent NO more than 2% of your portfolio. Here is a brief description, and you can read the entire article at the link below.
SMHB goes exdividend Feb 11 so you should buy today is you want to own it.
(At 1 degree above zero here in freezing Chicago, we wish we were headin to the real Las Vegas.)
SMHB is a diversified exchange product issued by UBS Bank that tracks (twice leveraged) a basket of small cap high-dividend stocks. In fact, this is a quite unique product that provides instant diversification in several sectors across the high- yield spectrum.
Trust in media plunges. Surprised???????!!!!!!
IBD: The Press Needs More Than A Super Bowl Ad To Fix Its Plunging Credibility
First, that fully half the country says its trust in the media decreased over the past two years. A tiny 8% say it’s increased.
That includes a plurality of independents (49%). Even among Republicans, who’ve long grown accustomed to media bias, 81% say their trust in the press has dropped over the past two years.
Geographically, those in the Midwest and the South are mostly likely to say their trust in the press has declined (52% and 57%, respectively) since Trump took office. Men are far more likely than women (54% vs. 47%). And those with incomes over $75,000 (51% of home distrust the media more) more than lower-income households.
These findings alone should be alarming. After all, as any corporate executive knows, you can’t run a successful business when a vast and increasing share of your customer base doesn’t trust the product you are selling.