March 18, 2019. Back in early February, we suggested you buy a small position in SMHB, a super risky ETN that gives you (as of today) a 16% yield. (We have received 2 dividend payments so far.) We are ADDING to this holding, altho not a lot. Due to the risk, keep the allocation small.
The advisors that we follow are generally optimistic on the financial markets. You have to ‘make hay’ while things are good and we have been fully invested for a long time. Wall Street loves Trump.
We ARE getting nervous about the elections next year due to the enormous amount of ‘socialism’ talk. These liberal ‘fuckwads’ if elected to President could do a lot of damage.
Here is the original article:
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%
NOW IN OUR 6TH YEAR
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.
Keep scrolling down for more.
Why are we giving government welfare to illegal immigrants??? What the hell is going on?
According to a report by Breitbart, in recently released researchby the Center for Immigration Studies (CIS),analysts discovered that about 63 percent of non-citizen households, those who live legally and illegally in the U.S., use some form of public welfare while only about 35 percent of native-born American households are on welfare.
Is this the “beginning of the end” for Facebook??? More and more people are starting to think so. The younger generations are dropping FB in droves.
Some of Facebook’s largest data deals are under federal criminal investigation following a nightmare year of scandals, reports the New York Times, which reveals that a New York grand jury has subpoenaed records from at least two leading manufacturers of smartphones and other devices which gained access to personal data of hundreds of millions of users.