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47% RETURN: SELL?

February 19, 2019. Back in January, we sold Iron Mountain IRM for a very nice profit with the anticipation that IRM was setting up for a pullback.

Well, it IS declining. We will continue watching this 6.9% dividend payer and if our indicators turn positive, we will buy.

We are also watching Medical Properties Trust MPW for a possible pullback and sell. We have a STAGGERING 47% Total Return on this sucker and we do not want to lose this chunk of ‘paper’ profits. Once again, if we start seeing indications of a pullback, we are going to sell. We are NOT selling right now. You don’t want to get greedy in this racket: sometimes it is better to book your gains.

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Did you know that the Academy Awards show has DROPPED FROM 46 million viewers down to 26 million. Gee do you think it has anything to do with the crappy movies they dump out? Jus wonderin.

Infographic: The Oscars' TV Audience Falls To All-Time Low  | Statista

Ultra liberal fake news continues with their biased ‘reporting’. The evening news would rather talk about snow storms and plane crashes. As Trump would say, a disgrace. Read on:

It’s been two days since NBC’s exclusive reporting that the Senate Intelligence Committee has found no material evidence of collusion between the Trump campaign and Russia, and as of yet none of the three major broadcast networks (ABC, CBS, and NBC) have given it even a single second of coverage in their evening newscasts. Considering these networks have given the Russia probe a massive 2,202 minutes of airtime, their silence on this major development is deafening.

NOTE TO NEW READERS:  Before you buy anything we discuss here, GO to the Core Portfolio tab to see a CURRENT listing of holdings. This blog is designed for investors seeking income.

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A new poll reveals that 53% of California residents are considering leaving the Golden State because of the high cost of living.

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